Free step-by-step Accountancy solutions · Class 11 & 12 · CBSE & ISC📚 Books & Courses▶ YouTube📱 Get the app

Solution of Q 7 Rectification of Errors TS Grewal Class 11 (2023-24) CBSE

Question 7 of 48Chapter 17Class 11 · CBSE✍ Vijay Adarsh

Step-by-step solution of Question 7, Chapter 17 Rectification of Errors, TS Grewal Class 11 Accountancy 2023-24 for the CBSE Board.

Build strong basicsClass 11 Accounts video courseEvery chapter explained on video. Watch on the app.Watch free demo

Question 7

Pass the necessary Journal entries to rectify the following errors:

  1. (i) ₹ 25,000 paid as wages for the construction of office building debited to Salaries Account.
  2. (ii) ₹ 20,000 spent on the purchases of material for the construction of building debited to Purchases Account.
  3. (iii) ₹ 40,000 spent on the extension of building was debited to Building Repairs Account.
  4. (iv) ₹ 25,000 spent on whitewash of a new building was charged to Building Repairs Account.
  5. (v) ₹ 4,000 paid as installation charges for newly purchased second hand machinery posted to Cartage Account.
  6. (vi) ₹ 10,000 paid as repairing charges on the reconditioning of a newly purchased second hand machinery debited to General Expenses Account.
  7. (vii) ₹ 6,000 paid as repairing charges of an existing machine in use charged to Machinery Account.
  8. (viii) ₹ 10,000 paid by cheque for a printer was charged to the Office Expenses Account.
TS Grewal Class 11 Rectification of Errors Question 7 part 1
TS Grewal Class 11 Rectification of Errors Question 7 part 2

Solution

Solution of Q 7 Rectification of Errors TS Grewal 2023-24 part 1
Solution of Q 7 Rectification of Errors TS Grewal 2023-24 part 2
Build strong basicsClass 11 Accounts video courseEvery chapter explained on video. Watch on the app.Watch free demo
Solution of Q 7 Rectification of Errors TS Grewal 2023-24 part 3
Solution of Q 7 Rectification of Errors TS Grewal 2023-24 part 4
🤔 Doubt in this solution? Ask Vijay Sir below ↓✓Check your preparation for this chapterRectification of Errors · MCQs with answers · Class 11Take the MCQ test →

Books & e-booksAll commerce books in one storePrinted books and PDFs for Class 11 and 12.Browse books

Stuck on this question? Ask Vijay Sir

Be the first to ask on this question.
LEAVE A REPLY

Ask your doubtFree. Vijay Sir replies here and you get an email when he does.

0 / 1500

🔒 No spam. Your email is never shown.

All questions of Chapter 17

Orange = this question · Grey = already opened.

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.

Get free help