Solution of Q 46 Rectification of Errors TS Grewal Class 11 (2023-24) CBSE
Step-by-step solution of Question 46, Chapter 17 Rectification of Errors, TS Grewal Class 11 Accountancy 2023-24 for the CBSE Board.
Question 46
Rectify the following errors found in the books of Bheem. Trial Balance had ₹ 930 excess credit. The difference has been posted to a Suspense Account:
- (i) The total of Returns Inward Book has been cast ₹ 1,000 short.
- (ii) The purchase of an office table costing ₹ 3,000 has been passed through the Purchases Book.
- (iii) Cartage paid for the newly purchased machinery ₹ 3,750, posted to Cartage Account.
- (iv) A purchase of ₹ 670 had been posted to the Creditors’ Account as ₹ 600.
- (v) A cheque for ₹ 2,000 received from Nakul had been dishonoured and was passed to the debit of the Allowances Account.
- (vi) An amount of ₹ 15,720 due from Prasad written off as bad in a previous year, was recovered and credited to the Personal Account of Prasad.
After rectification reflect the transactions in the Suspense Account.
Solution
All questions of Chapter 17
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About this solution
This is Chapter 17 Rectification of Errors of TS Grewal Edition 2023-24.
Written by Vijay Adarsh, teaching commerce since 2003 to Class 11, Class 12, B.Com, CA, CS and CMA students.
We have solved all the practical questions in this book and explained them Step by Step in detail with clear working notes.
Also, we have followed the proper format and workings which are required as per CBSE Guidelines. Just follow our presentation of solutions and score good marks in Accountancy Board Exam.
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