Questions Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans Following is the Trial Balance as at 31st March, 2015: Capital ₹ 3,20,000 Fixed Assets ₹ 1,80,000 763 viewsAnurag Pathak Answered question January 17, 2026Dk Goel Trial Balance 0 Votes 1 Ans The following trial balance has been prepared by an inexperienced accountant. Redraft it in a correct form 832 viewsAnurag Pathak Answered question January 17, 2026Dk Goel Trial Balance 0 Votes 1 Ans From the following ledger balances prepare trial balance: Capital ₹ 20,800, Rent outstanding ₹ 1,420, Amount due to Param, ₹ 15,000 798 viewsAnurag Pathak Changed status to publish January 17, 2026Dk Goel Trial Balance 0 Votes 1 Ans Following balances were extracted from the books of Ravinder Associates as at 31st March, 2023: Sundry Debtors ₹ 4,10,000 792 viewsAnurag Pathak Answered question January 17, 2026Dk Goel Trial Balance 0 Votes 1 Ans Prepare a Trial Balance from the following balances taken as at 31st March 2023 Capital ₹ 2,50,000 724 viewsAnurag Pathak Changed status to publish January 17, 2026Dk Goel Trial Balance 0 Votes 1 Ans Prepare a Trial Balance from the following balances as at 31st March 2023 Stock on 1-4-2022 28,800 825 viewsAnurag Pathak Answered question January 17, 2026Dk Rectification of Errors 0 Votes 1 Ans From the following balances, taken from the books of M/s Dwarka Prashad & sons as at 31st March 2023, prepare a Trial Balance is proper form:- 768 viewsAnurag Pathak Answered question January 17, 2026Dk Rectification of Errors 0 Votes 1 Ans Given below is a Cash Book and Ledger extracts relating to the books of M/s Ram Chander & Sons as at 31st January 2025. You are required to prepare a Trial Balance. 728 viewsAnurag Pathak Answered question January 17, 2026Dk Rectification of Errors 0 Votes 1 Ans Rectify the following errors: Sales return book is undercasted by ₹ 1,000. 717 viewsAnurag Pathak Answered question January 17, 2026Dk Rectification of Errors 0 Votes 1 Ans Rectify the following errors: Credit purchase from Varun ₹ 8,000 was recorded as ₹ 8,800. 726 viewsAnurag Pathak Answered question January 17, 2026Dk Rectification of Errors 0 Votes 1 Ans Pass journal entries to rectify the following errors using suspense account where necessary: Goods of the value of ₹ 2,000 returned by Mr. Gupta were entered in the Sales Book and posted therefrom to the credit of his account. 923 viewsAnurag Pathak Answered question January 17, 2026Dk Rectification of Errors 0 Votes 1 Ans Pass necessary journal entries to rectify the following errors: Sales Return book overcast ₹ 1,000. 768 viewsAnurag Pathak Answered question January 17, 2026Dk Rectification of Errors 0 Votes 1 Ans Pass Journal Entries to rectify the following errors: ₹ 17,000 paid in cash for purchase of a Typewriter was charged to office expenses account 992 viewsAnurag Pathak Answered question January 17, 2026Dk Rectification of Errors 0 Votes 1 Ans Pass journal entries to rectify the following errors in the books of Manish which were located after preparation of Trial Balance: 731 viewsAnurag Pathak Answered question January 17, 2026Dk Rectification of Errors 0 Votes 1 Ans Rectify the following errors found in the books of Mr. Aryan by passing entries: The purchase of ₹ 610 from Kabir was entered into sales book but Kabir’s personal account was rightly credited. 709 viewsAnurag Pathak Answered question January 17, 2026Dk Rectification of Errors 0 Votes 1 Ans Rectify the following errors found in the books of Mr. Suhail by passing entries: One item of purchase of ₹ 250 has been posted from the purchases book to the ledger as ₹ 350. 701 viewsAnurag Pathak Answered question January 17, 2026Dk Rectification of Errors 0 Votes 1 Ans Pass journal entries to rectify the following errors detected during preparation of Trial Balance: (i) Purchases book is undercast by ₹ 1,000. 853 viewsAnurag Pathak Answered question January 17, 2026Dk Rectification of Errors 0 Votes 1 Ans Rectify the following errors: ₹ 500 paid for the purchases of Radio set for the proprietor debited to General expenses account. 825 viewsAnurag Pathak Answered question January 17, 2026Dk Rectification of Errors 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. 698 viewsAnurag Pathak Answered question January 17, 2026Dk Rectification of Errors 0 Votes 1 Ans Rectify the following errors by passing Journal entries: Old furniture sold for ₹ 500 has been credited to Sales Account. 725 viewsAnurag Pathak Answered question January 17, 2026Dk Rectification of Errors 0 Votes 1 Ans The books of Ramesh did not agree. The difference of ₹ 12,700 in trial balance was placed to the debit of suspense account. Subsequently, the following errors were located. Pass journal entries to rectify the errors and prepare the suspense account: 776 viewsAnurag Pathak Answered question January 17, 2026Dk Rectification of Errors 0 Votes 1 Ans Pass Journal entries to rectify the following errors. The trial balance had ₹ 1,260 excess credit. The difference has been posted to a suspense account: 762 viewsAnurag Pathak Answered question January 17, 2026Dk Rectification of Errors 0 Votes 1 Ans During the course of an accounting year, an Accountant found a difference in the trial balance. He puts this difference in a newly opened suspense account. Subsequently, he located the following errors in his books of account: 756 viewsAnurag Pathak Answered question January 17, 2026Dk Rectification of Errors 0 Votes 1 Ans During the course of an accounting year, the accountant prepared a trial balance which did not tally. He put the difference in a suspense account. Subsequently, he located the following errors in his books of account: 762 viewsAnurag Pathak Answered question January 17, 2026Dk Rectification of Errors 0 Votes 1 Ans Rectify the following errors by means of Journal entries: A cheque of ₹ 5,000 received from Ashish was dishonoured and was debited to Discount Account. 763 viewsAnurag Pathak Edited answer January 17, 2026Dk Rectification of Errors « Previous 1 2 3 4 5 6 7 … 188 189 Next » Question and answer is powered by anspress.net