Solution of Q 39 Rectification of Errors TS Grewal Class 11 (2023-24) CBSE
Step-by-step solution of Question 39, Chapter 17 Rectification of Errors, TS Grewal Class 11 Accountancy 2023-24 for the CBSE Board.
Question 39
A Trial Balance disclosed a difference of ₹ 417 placed on the credit side of the Suspense Account. Later on the following errors were located:
- (i) Goods worth ₹ 200 purchased from Sohan had been posted to his account as ₹ 250.
- (ii) A purchase of furniture for ₹ 500 was recorded in the Purchases Book.
- (iii) Instead of crediting Gian’s Account with ₹ 512, it was debited with ₹ 215.
- (iv) Goods worth ₹ 130 returned by Gian were entered in the Sales Book and posted therefrom to the credit of Gian’s Personal Account.
Pass the rectifying entries and prepare a Suspense Account.
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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