Solution of Q 17 Rectification of Errors TS Grewal Class 11 (2023-24) CBSE
Step-by-step solution of Question 17, Chapter 17 Rectification of Errors, TS Grewal Class 11 Accountancy 2023-24 for the CBSE Board.
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Question 17
Rectify the following errors by passing Journal entries:
- (i) Old furniture sold for ₹ 500 has been credited to Sales Account.
- (ii) Machinery purchased on credit from Raman for ₹ 2,000 recorded through Purchases Book as ₹ 16,000.
- (iii) Cash received from Rajat ₹ 5,000 was posted to the debit of Bhagat as ₹ 6,000.
- (iv) Depreciation provided on machinery ₹ 3,000 was posted to Machinery Account as ₹ 300.
Solution
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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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