Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans Following errors are discovered in the books of Ram Lal. Make the necessary entries to rectify them: Purchases Journal was undercasted by ₹ 6,150. 4.19K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans Pass Journal entries to rectify the following errors which were located after preparing the Trial Balance: The Sales Book was overcast by ₹ 500. 5.50K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans The Returns Inward Book has been overcasted by ₹ 200. Rectify the following errors assuming that there is no Suspense Account: 3.67K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans Which of the following errors will affect the Trial Balance? The total of the Sales Book has not been posted to the Sales Account. 3.07K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans Rectify the following errors: Purchases Book has been undercast by ₹ 1000 2.93K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans Rectify the following errors assuming that there is no Suspense Account: Salary of ₹ 10,000 paid to Rahul was not posted to Salaries Account. 4.51K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans Following errors affecting the accounts for the year 2022-23 were detected in the books of Das & Co., Meerut: 4.44K viewsAnurag Pathak Changed status to publish September 28, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans Rectify the following errors: Anil’s Account was excess debited by ₹ 500 while Suraj’s Account was short debited by ₹ 500. 4.86K viewsAnurag Pathak Changed status to publish September 28, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans Goods returned by Mohan of ₹ 2,500 not recorded in books. Give rectifying Journal entries for the following errors: 4.63K viewsAnurag Pathak Changed status to publish September 28, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans ₹ 25,000 paid as wages for the construction of office building debited to salaries account. Pass the necessary Journal entries to rectify the following errors: 5.07K viewsAnurag Pathak Changed status to publish September 28, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans Sales to Gurman of ₹ 143 posted to his account as ₹ 134 Rectify the following errors: 4.43K viewsAnurag Pathak Changed status to publish September 28, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans Credit sale of ₹ 2,500 to Kishan was posted to Krishan’s Account. Pass the necessary Journal entries to rectify the following errors: 4.96K viewsAnurag Pathak Changed status to publish September 28, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans Credit sale of ₹ 5,700 to Mohan was recorded as ₹ 7,500 Pass the necessary Journal entries to rectify the following errors 5.24K viewsAnurag Pathak Changed status to publish September 28, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans How will you rectify the following errors? Sales Book is overcasted by ₹ 15,000. 2.75K viewsAnurag Pathak Changed status to publish September 28, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans How will be the following errors rectified? Sales Book is short casted by ₹ 20,000 3.74K viewsAnurag Pathak Changed status to publish September 28, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans Following balances appear in the books of Kaushal Traders as on 1st April, 2022: 5.62K viewsAnurag Pathak Changed status to publish September 27, 2023DepreciationTS Grewal Class 11 0 Votes 1 Ans Bharat Stores purchased on 1st July, 2020 machinery costing ₹ 30,000. It further purchased machinery on 1st January, 2021 costing ₹ 20,000 and on 1st October, 2021 costing ₹ 10,000 6.33K viewsAnurag Pathak Changed status to publish September 27, 2023DepreciationTS Grewal Class 11 0 Votes 1 Ans On 1st October, 2020, Rahul Traders purchased a machine for ₹ 25,000 on which he spent ₹ 5,000 for carriage and freight; ₹ 1,000 for brokerage of the middle-man, ₹ 4,000 for installation 5.33K viewsAnurag Pathak Changed status to publish September 27, 2023DepreciationTS Grewal Class 11 0 Votes 1 Ans Gurman & Co. purchased machinery for ₹ 40,000 on 1st October, 2020. Depreciation is provided @ 10% p.a. on the Diminishing Balance 6.02K viewsAnurag Pathak Changed status to publish September 27, 2023DepreciationTS Grewal Class 11 0 Votes 1 Ans On 1st April, 2020, a machinery was purchased for ₹ 20,000. On 1st October, 2021, another machine was purchased for ₹ 10,000 and on 1st April, 2022, one more machine was purchased for ₹ 5,000 5.47K viewsAnurag Pathak Changed status to publish September 27, 2023DepreciationTS Grewal Class 11 0 Votes 1 Ans A company purchased a machine for ₹ 50,000 on 1st October, 2020. Another machine costing ₹ 10,000 was purchased on 1st December, 2021 6.15K viewsAnurag Pathak Changed status to publish September 27, 2023DepreciationTS Grewal Class 11 0 Votes 1 Ans Shyam purchased on 1st April, 2021, a machine for ₹ 6,000. On 1st October, 2021, he purchased another machine for ₹ 5,000 5.01K viewsAnurag Pathak Changed status to publish September 27, 2023DepreciationTS Grewal Class 11 0 Votes 1 Ans The original cost of furniture amounted to ₹ 4,000 and it is decided to write off 5% on the original cost as Depreciation at the end of each year 3.61K viewsAnurag Pathak Changed status to publish September 27, 2023DepreciationTS Grewal Class 11 0 Votes 1 Ans A boiler was purchased from abroad for ₹ 10,000. Shipping and forwarding charges ₹ 2,000, Import duty, ₹ 7,000 and expenses of installation amounted to ₹ 1,000 3.46K viewsAnurag Pathak Changed status to publish September 27, 2023DepreciationTS Grewal Class 11 0 Votes 1 Ans Following balances appear in the books of Priyank Brothers: 5.04K viewsAnurag Pathak Changed status to publish September 27, 2023DepreciationTS Grewal Class 11 « Previous 1 2 … 126 127 128 129 130 … 176 177 Next » Question and answer is powered by anspress.net
