Category Rectification Rectification 84 Questions Ask question Search Order By: ActiveClear Filter 0 Votes 1 Ans Repairs to plant amounting to ₹ 2,000 had been charged to Plant and Machinery Account. Pass the rectification entries for the following transactions: 1.71K viewsAnurag Pathak Changed status to publish March 31, 2024RectificationTS Grewal Class 11 0 Votes 1 Ans How will be the following errors rectified? Purchases Book is overcasted by ₹ 10,000 1.13K viewsAnurag Pathak Changed status to publish March 18, 2024Rectification 0 Votes 1 Ans Purchases of ₹ 20,000 was omitted to be recorded. Pass the Journal entries rectifying the following errors: 2.14K viewsAnurag Pathak Changed status to publish March 18, 2024RectificationTS Grewal Class 11 0 Votes 1 Ans Trial Balance of a bookkeeper shows an excess of debits over credits by ₹ 261. This difference is placed in a Suspense Account to facilitate books closure 662 viewsAnurag Pathak Changed status to publish December 11, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans A Trial Balance disclosed a difference of ₹ 217 placed on the credit side of the Suspense Account. Later on the following errors were located 961 viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans The Trial Balance extracted from the books of Anil on 31st March, 2022 did not agree. The difference was transferred to a Suspense Account 966 viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans An accountant while balancing his books found that there was a difference of ₹ 860 in the Trial Balance 1.09K viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans The Trial Balance of M/s. Gupta & Sons shows a difference of ₹ 52,200. To prepare the Final Accounts on 31st March, 2022, this difference is placed in a Suspense Account 1.23K viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans You are presented with a Trial Balance showing a difference which has been carried to the Suspense Account and the following errors are subsequently identified 1.33K viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans The following mistakes were identified in the books of a firm after its books were closed and a Suspense Account was opened in order to match Trial Balance: 1.07K viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans The Trial Balance of a bookkeeper shows an excess of debits over credits by ₹ 261. This difference is placed in a Suspense Account to facilitate books closure 1.21K viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans A book keeper failed to balance his Trial Balance, the credit side exceeding the debit side by ₹ 175. This amount was entered in a Suspense Account 1.51K viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans The Trial Balance of Rajesh did not agree and the difference in books was carried to a Suspense Account 848 viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans There was an error in the Trial Balance of Ram Gopal on 31st March, 2022, and the differnece in books was carried to the Suspense Account. On going through the books, you find that: 576 viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans Pass Rectifying Journal entries: Sale of goods to Raja Ram for ₹ 2,500 was passed through the Purchases Book. 1.18K viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans Rectify the following errors: Wages paid for the construction of office debited to the Wages Account ₹ 6,000. 734 viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans Rectify the following errors: A credit sale of old furniture to Gaurav for ₹ 5,000 omitted to be posted. 991 viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans Pass rectifying Journal entries: Cheque of ₹ 25,000 paid to K. Raj was debited to P. Raj’s Account 821 viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans Pass Journal entries to rectify the errors in the following cases: A purchases of goods from David amounting to ₹ 150 has been wrongly passed through the Sales Book 684 viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans How will you rectify the following errors: ₹ 500 spent on building repairs has been debited to the Building Account 731 viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 1 2 3 4 5 Next » Question and answer is powered by anspress.net
