Questions Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans Sales of goods of ₹ 6,000 to Madan were recorded as ₹ 600 in the Sales Book 3.69K 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 4.51K 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. 4.47K 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 4.20K viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans An amount of ₹ 5,000 debited as depreciation on furniture has not been posted to the Depreciation Account 3.87K viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans Correct the following errors in Hari’s Books: A credit sale of ₹ 132 to R. Krishan correctly entered in Sales Journal but posted to his account as ₹ 312 3.23K viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans Correct the following errors in Mohan Lal’s Book: A sum of ₹ 1,500 written off as depreciation on furniture has not been debited to the Depreciation Account 3.20K viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans Sales of ₹ 20,000 to Manoj were recorded as ₹ 2,000 in the Sales Book 3.67K viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans Correct the following errors in Mohan Lal’s Book: A payment of ₹ 5,000 for salaries (to Ram has been posted twice to the Salaries Account 3.89K viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans Goods purchased from Kunal for ₹ 8,000 and from Kapil of ₹ 9,000 recorded correctly in the Purcahses Book. However, ₹ 9,000 was posted to Kunal and ₹ 8,000 to Kapil 4.15K viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans Goods returned by Mohan of ₹ 1,500 not recorded in books 3.75K viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans ₹ 25,000 paid as wages for the construction of office building debited to Salaries Account 3.39K viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans Credit sale of ₹ 850 to Kishan was posted to Krishan’s Account 3.22K viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans Credit sale of ₹ 570 to Mohoan was recorded as ₹ 750 | Pass the necessary Journal entries to rectify the following errors: 3.99K viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans Rectify the following errors: Purchases Book was overcast by ₹ 500 3.86K viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans Rectify the following errors The total of one page of the Sales Book was carried forward to the next page as ₹ 2,785 instead of ₹ 2,587 3.62K viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans The following errors are identified in the Books of Lakshay, Pass the necessary entries to rectify them 3.26K viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans Rectify the following errors Returns Inward Book has been overcast by ₹ 500 4.03K viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans Rectify the following errors discovered after the preparation of the Trial Balance | Sales Book of March was added short by ₹ 10,000 4.03K viewsAnurag Pathak Changed status to publish October 26, 2023Rectification 0 Votes 1 Ans Following is the Trial Balance of Paras on 31st March, 2023: 4.76K viewsAnurag Pathak Changed status to publish October 26, 2023Financial Statement (With Adjustment) 0 Votes 1 Ans From the following Trial Balance of Gaurav and additional information given, prepare Trading and Profit & Loss Account for the year ended 31st March, 2023 and Balance Sheet as at that date: 5.44K viewsAnurag Pathak Changed status to publish October 26, 2023Financial Statement (With Adjustment) 0 Votes 1 Ans The Trial Balance of Tej as on 31st March, 2023 was as follows: 6.10K viewsAnurag Pathak Changed status to publish October 26, 2023Financial Statement (With Adjustment) 0 Votes 1 Ans Prepare Trading and Profit & Loss Account for the year ended 31st March, 2023 and Balance Sheet as at that date from the following Trial Balance: 5.12K viewsAnurag Pathak Changed status to publish October 26, 2023Financial Statement (With Adjustment) 0 Votes 1 Ans Following is the Trial Balance of Balance of Bansi as on 31st March, 2023. You are required to prepare Final Accounts: 5.01K viewsAnurag Pathak Changed status to publish October 26, 2023Financial Statement (With Adjustment) 0 Votes 1 Ans On 31st March, 2023 the following Trial Balance was extracted from the books of Shyam 6.19K viewsAnurag Pathak Changed status to publish October 26, 2023Financial Statement (With Adjustment) « Previous 1 2 … 126 127 128 129 130 … 188 189 Next » Search questions Search Questions Sahaj and Nimish entered into partnership on 1st April, 2025 without a partnership deed. They introduced capital of 5,00,000 and 3,00,000 respectively 1 Answer | 0 Votes Taran and Deep are partners sharing the profits and losses in the ratio of 2 : 3 with capitals of ₹ 3,00,000 and ₹ 2,00,000 respectively 1 Answer | 0 Votes Puneet and Sahil are partners sharing profits and losses equally. 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