Solution of Q 7 Rectification of Errors TS Grewal Class 11 (2023-24) CBSE
Step-by-step solution of Question 7, Chapter 17 Rectification of Errors, TS Grewal Class 11 Accountancy 2023-24 for the CBSE Board.
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Question 7
Pass the necessary Journal entries to rectify the following errors:
- (i) ₹ 25,000 paid as wages for the construction of office building debited to Salaries Account.
- (ii) ₹ 20,000 spent on the purchases of material for the construction of building debited to Purchases Account.
- (iii) ₹ 40,000 spent on the extension of building was debited to Building Repairs Account.
- (iv) ₹ 25,000 spent on whitewash of a new building was charged to Building Repairs Account.
- (v) ₹ 4,000 paid as installation charges for newly purchased second hand machinery posted to Cartage Account.
- (vi) ₹ 10,000 paid as repairing charges on the reconditioning of a newly purchased second hand machinery debited to General Expenses Account.
- (vii) ₹ 6,000 paid as repairing charges of an existing machine in use charged to Machinery Account.
- (viii) ₹ 10,000 paid by cheque for a printer was charged to the Office Expenses 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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