1. How will be the following errors rectified?
(i) Purchases Book is overcasted by ₹10,000.
(ii) Purchases Return Book is overcasted by ₹10,000.
(iii) Purchases Return Book’s balance is carried forward in excess by ₹2,000.
(iv) Purchases Book’s balance is carried forward in excess by ₹5,000.
Note: The above errors have been identified before the preparation of Trial Balance.
T.S.Grewal/2024 Edition/Practical Problems/Q-01
For full question, please refer to the text book T.S.Grewal’s Double Entry Book Keeping-Financial Accounting, Textbook for CBSE Class XI published by Sultan Chand & Sons Pvt. Ltd.