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Category Rectification

Rectification 84 Questions

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:

2.65K viewsAnurag Pathak Changed status to publish March 31, 2024Rectification TS Grewal Class 11

0 Votes 1 Ans

How will be the following errors rectified? Purchases Book is overcasted by ₹ 10,000

1.66K 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:

3.53K viewsAnurag Pathak Changed status to publish March 18, 2024Rectification TS 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

1.10K viewsAnurag Pathak Changed status to publish December 11, 2023Rectification TS 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

1.51K 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

1.50K 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

1.65K 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

1.83K 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

2.10K 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:

1.63K 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

1.78K 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

2.48K 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

1.32K 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:

951 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.

1.89K 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.

1.26K 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.

1.63K 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

1.42K 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

1.20K 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

1.15K viewsAnurag Pathak Changed status to publish October 26, 2023Rectification

0 Votes 1 Ans

Following errors affecting the accounts for the year ended 31st March, 2022 were identified in the books of Das & Co., Meerut

1.34K viewsAnurag Pathak Changed status to publish October 26, 2023Rectification

0 Votes 1 Ans

Sales of goods of ₹ 6,000 to Madan were recorded as ₹ 600 in the Sales Book

932 viewsAnurag Pathak Changed status to publish October 26, 2023Rectification

0 Votes 1 Ans

Sale of goods ₹ 6,000 to Mohan was recorded as ₹ 600 in the Sales Book

1.62K viewsAnurag Pathak Changed status to publish October 26, 2023Rectification

0 Votes 1 Ans

Pass Journal entries to rectify the following errors | Credit sale to Ram ₹ 170 credited to his account as ₹ 710.

1.79K viewsAnurag Pathak Changed status to publish October 26, 2023Rectification

0 Votes 1 Ans

A purchase of ₹ 5,000 from Ram was omitted to be entered in the Purchases Book

1.06K viewsAnurag Pathak Changed status to publish October 26, 2023Rectification

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