Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans Rajesh drew a Trial Balance for the year ended 31st March, 2023, There was a difference which he closed through Suspense Account 4.38K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans The Trial Balance of M/s Gupta & Sons shows a difference of ₹ 52,200. To prepare the Final Account on 31st March, 2003, this difference is placed in a Suspense Account. 3.11K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans There was a difference of ₹ 720 in the Trial Balance which has been transferred to the credit side of the Supense Account. Pass the rectifying entries and prepare a Suspense Account to rectify the following errors: 3.82K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans A Trial Balance disclosed a difference of ₹ 417 placed on the credit side of the Suspense Account. Later on the following errors were located: 3.52K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans There was a difference in the Trial Balance of M/s Jain & Sons, prepared for the year ended 31st March, 2009. The accountant put the difference in Suspense Account. 4.01K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans An amount of ₹ 2,000 received from Mohan on 1st April, 2023 had been entered in the Cash Book as having been received on 31st March, 2023. 5.31K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans While trying to close his books for the year ended 31st March, 2014, Mahesh found that the Trial Balance did not agree. He traced the following errors: 3.12K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans A sum of ₹ 470 received from Ganga was posted to her debit as ₹ 740. Rectify the following errors by passing Journal entries: 3.58K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans Rectify the following errors: The total of one page of Sales Book was carried forward as ₹ 371 instead of ₹ 317. 4.07K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans Give the Journal entries to rectify the following errors: Purchase book was overcasted by ₹ 1,000. 3.09K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans Rectify the following errors: Sale of old furniture worth ₹ 3,000 treated as sales of goods. 3.86K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans Wages paid for the construction of office debited to the Wages Account, ₹ 5,000 Rectify the following errors: 4.91K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans A credit sale of good for ₹ 2,500 to Krishan has been wrongly passed through the Purchases Book 4.31K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans A purchase of goods from David amounting to ₹ 150 has been wrongly passsed through the Sales Book 3.81K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans Rectify the following errors: Sales Book has been totalled ₹ 1,000 short 3.60K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans cheque for ₹ 20,000 was received from Ranjan on which ₹ 200 Discount was allowed. The cheque was not honoured on due date and the amount of discount was credited to Discount Received Account 4.74K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans Sales of goods to Madan ₹ 6,000 were entered in the Sales Book as ₹ 600. Give rectifying Journal entries for the following errors: 3.63K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans Sales of goods ₹ 6,000 to Madan were recorded as ₹ 600 in the Sales Book. Pass the rectifying entries for the following: 4.49K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans ₹ 5,400 received from A was posted to the debit of his account. Give rectifying entries for the following: 3.81K viewsAnurag Pathak Changed status to publish October 1, 2023Trial BalanceTS Grewal Class 11 0 Votes 1 Ans Mukesh found that the Trial Balance did not agree. He found the following errors: 3.00K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans Rectify the following errors: Purchases Book is overcast by ₹ 500. 3.53K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans Total of one page of the Sales Book was carried forward to the next page as ₹ 2,785 instead of ₹ 2,587. 5.01K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans Purchases of ₹ 20,000 was omitted to be recorded. Pass the Journal entries rectifying the following errors: 3.79K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans Sales of ₹ 20,000 to Sunil was recorded as ₹ 2,000 in the Sales Book Give the rectifying entries of the following 4.84K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans Old furniture sold for ₹ 500 has been credited to Sales Account. Rectify the following errors by passing Journal entries: 4.29K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 « Previous 1 2 … 125 126 127 128 129 … 176 177 Next » Question and answer is powered by anspress.net
