Question 18 Marks
Rectify the following errors committed while writing the books of Margi.
$(1)$ Total of goods return book is under cast by $₹ 800 .$
$(2)$ $₹ 480$ received from Prerna a customer, is posted in her account as $₹ 840 .$
$(3)$ Balance of $₹ 5000$ of Kaushik's account, a debtor, is left unrecorded in the trial balance.
$(4)$ $₹ 900$ paid to Manan a supplier, is recorded correctly in the cashbook but by mistake it is credited to his account.
$(5)$ Salary paid $₹ 1000$ is debited twice to salary account.
$(6)$ $₹ 2500$ the balance of drawings account is shown in the credit column of the trial balance.
$(7)$ Wages paid $₹ 3000$ are recorded correctly in the cashbook but are not posted to wages account.
$(8)$ Debit balance of rent account $₹ 850$ is written as credit balance of $₹ 540$ in the trial balance.
$(9)$ $₹ 240$ paid for general expenses, posted to that account as $₹ 140 .$
$(10)$ Opening balance of the cash account $₹ 1500$ is brought forward as $₹ 1050$.
$(1)$ Total of goods return book is under cast by $₹ 800 .$
$(2)$ $₹ 480$ received from Prerna a customer, is posted in her account as $₹ 840 .$
$(3)$ Balance of $₹ 5000$ of Kaushik's account, a debtor, is left unrecorded in the trial balance.
$(4)$ $₹ 900$ paid to Manan a supplier, is recorded correctly in the cashbook but by mistake it is credited to his account.
$(5)$ Salary paid $₹ 1000$ is debited twice to salary account.
$(6)$ $₹ 2500$ the balance of drawings account is shown in the credit column of the trial balance.
$(7)$ Wages paid $₹ 3000$ are recorded correctly in the cashbook but are not posted to wages account.
$(8)$ Debit balance of rent account $₹ 850$ is written as credit balance of $₹ 540$ in the trial balance.
$(9)$ $₹ 240$ paid for general expenses, posted to that account as $₹ 140 .$
$(10)$ Opening balance of the cash account $₹ 1500$ is brought forward as $₹ 1050$.
Answer
View full question & answer→$(1)$ The error will be rectified by writing in goods return book $($purchase return$)$ $₹ 800$ on credit side and in the column of particulars. 'Being total of goods return book is under cast.'
$(2)$ The error will be rectified by writing in Prerna's A/c $₹ 360$ on debit side and in the column of particulars 'being excess amount credited by mistake'.
$(3)$ The error will be rectified by writing $₹ 5000$ a balance of Kaushik's account in the debit column of the trial balance.
$(4)$ The error will be rectified by writing in Manan, a supplier's account, $₹ 1800$ on debit side and in the column of particulars 'being the amount written on wrong side'.
$(5)$ The error will be rectified by writing in salary account $₹ 1000$ on credit side and in the column of particulars 'being the amount debited twice by mistake'.
$(6)$ The error will be rectified be writing $₹ 2500$ as the balance of drawings account in the debit column of the trial balance and revised trial balance is prepared there after.
$(7)$ The error will be rectified by writing in wages account $₹ 3000$ on debit side and in the column of particulars 'being posting omitted'.
$(8)$ The error will be rectified by writing $₹ 1390$ a balance of rent account in the debit balances of the trial balance or by preparing a new trial balance wherein correct debit balance of $₹ 850$ of rent account will be shown.
$(9)$ The error will be rectified by writing in general expenses account $₹ 100$ on debit side and in the column of particulars 'being the posting done by less amount'.
$(10)$ The error will be rectified by writing in cashbook $₹ 450$ on debit side and in the column of particulars 'being the balance brought forward by less amount'.
$(2)$ The error will be rectified by writing in Prerna's A/c $₹ 360$ on debit side and in the column of particulars 'being excess amount credited by mistake'.
$(3)$ The error will be rectified by writing $₹ 5000$ a balance of Kaushik's account in the debit column of the trial balance.
$(4)$ The error will be rectified by writing in Manan, a supplier's account, $₹ 1800$ on debit side and in the column of particulars 'being the amount written on wrong side'.
$(5)$ The error will be rectified by writing in salary account $₹ 1000$ on credit side and in the column of particulars 'being the amount debited twice by mistake'.
$(6)$ The error will be rectified be writing $₹ 2500$ as the balance of drawings account in the debit column of the trial balance and revised trial balance is prepared there after.
$(7)$ The error will be rectified by writing in wages account $₹ 3000$ on debit side and in the column of particulars 'being posting omitted'.
$(8)$ The error will be rectified by writing $₹ 1390$ a balance of rent account in the debit balances of the trial balance or by preparing a new trial balance wherein correct debit balance of $₹ 850$ of rent account will be shown.
$(9)$ The error will be rectified by writing in general expenses account $₹ 100$ on debit side and in the column of particulars 'being the posting done by less amount'.
$(10)$ The error will be rectified by writing in cashbook $₹ 450$ on debit side and in the column of particulars 'being the balance brought forward by less amount'.
