1. Rectify the following errors: Credit sales to Mohan ₹7,000 were not recorded. Credit purchases from Rohan ₹9,000 were not recorded. Goods returned to Rakesh ₹4,000 were not recorded. Goods returned from Mahesh ₹1,000 were not recorded. NCERT/Rationalised 2023-24/Numerical Questions/Q-01 Answer : Back

2. Rectify the following errors: Credit sales to Mohan ₹7,000 were recorded as ₹700. Credit purchases from Rohan ₹9,000 were recorded as ₹900. Goods returned to Rakesh ₹4,000 were recorded as ₹400. Goods returned from Mahesh ₹1,000 were recorded as ₹100. NCERT/Rationalised 2023-24/Numerical Questions/Q-02 Answer : Back

3. Rectify the following errors: Credit sales to Mohan ₹7,000 were recorded as ₹7,200. Credit purchases from Rohan ₹9,000 were recorded as ₹9,900. Goods returned to Rakesh ₹4,000 were recorded as ₹4,040. Goods returned from Mahesh ₹1,000 were recorded as ₹1,600. NCERT/Rationalised 2023-24/Numerical Questions/Q-03 Answer : Back

4. Rectify the following errors: Salary paid ₹5,000 was debited to employee’s personal account. Rent Paid ₹4,000 was posted to landlord’s personal account. Goods withdrawn by proprietor for personal use ₹1,000 were debited to sundry expenses account. Cash received from Kohli ₹2,000 was posted to Kapur’s account. Cash paid to...

5. Rectify the following errors: Credit Sales to Mohan ₹7,000 were recorded in purchases book. Credit Purchases from Rohan ₹900 were recorded in sales book. Goods returned to Rakesh ₹4,000 were recorded in the sales return book. Goods returned from Mahesh ₹1,000 were recorded in purchases return book. Goods returned...

6. Rectify the following errors: Sales book overcast by ₹700. Purchases book overcast by ₹500. Sales return book overcast by ₹300. Purchase return book overcast by ₹200. NCERT/Rationalised 2023-24/Numerical Questions/Q-06 Answer : Back

7. Rectify the following errors: Sales book undercast by ₹300. Purchases book undercast by ₹400. Return Inwards book undercast by ₹200. Return outwards book undercast by ₹100. NCERT/Rationalised 2023-24/Numerical Questions/Q-07 Answer : Back

8. Rectify the following errors and ascertain the amount of difference in trial balance by preparing suspense account: Credit sales to Mohan ₹7,000 were not posted. Credit purchases from Rohan ₹9,000 were not posted. Goods returned to Rakesh ₹4,000 were not posted. Goods returned from Mahesh ₹1,000 were not posted....

9. Rectify the following errors and ascertain the amount of difference in trial balance by preparing suspense account: Credit sales to Mohan ₹7,000 were posted as ₹9,000. Credit purchases from Rohan ₹9,000 were posted as ₹6,000. Goods returned to Rakesh ₹4,000 were posted as ₹5,000. Goods returned from Mahesh ₹1,000...

10. Rectify the following errors: Credit sales to Mohan ₹7,000 were posted to Karan. Credit purchases from Rohan ₹9,000 were posted to Gobind. Goods returned to Rakesh ₹4,000 were posted to Naresh. Goods returned from Mahesh ₹1,000 were posted to Manish. Cash sales ₹2,000 were posted to commission account. NCERT/Rationalised...

11. Rectify the following errors assuming that a suspense account was opened. Ascertain the difference in trial balance. Credit sales to Mohan ₹7,000 were posted to the credit of his account. Credit purchases from Rohan ₹9,000 were posted to the debit of his account as ₹6,000. Goods returned to Rakesh...

12. Rectify the following errors assuming that a suspense account was opened. Ascertain the difference in trial balance. Credit sales to Mohan ₹7,000 were posted to Karan as ₹5,000. Credit purchases from Rohan ₹9,000 were posted to the debit of Gobind as ₹10,000. Goods returned to Rakesh ₹4,000 were posted...

13. Rectify the following errors assuming that suspense account was opened. Ascertain the difference in trial balance. Credit sales to Mohan ₹7,000 were recorded in Purchase Book. However, Mohan’s account was correctly debited. Credit purchases from Rohan ₹9,000 were recorded in sales book. However, Rohan’s account was correctly credited. Goods...

14. Rectify the following errors: Furniture purchased for ₹10,000 wrongly debited to purchases account. Machinery purchased on credit from Raman for ₹20,000 was recorded through purchases book. Repairs on machinery ₹1,400 debited to machinery account. Repairs on overhauling of second hand machinery purchased ₹2,000 was debited to Repairs account. Sale...

15. Rectify the following errors assuming that suspension account was opened. Ascertain the difference in trial balance. Furniture purchased for ₹10,000 wrongly debited to purchase account as ₹4,000. Machinery purchased on credit from Raman for ₹20,000 recorded through Purchases Book as ₹6,000. Repairs on machinery ₹1,400 debited to Machinery account...

16. Rectify the following errors: Depreciation provided on machinery ₹4,000 was not posted. Bad debts written off ₹5,000 were not posted. Discount allowed to a debtor ₹100 on receiving cash from him was not posted. Discount allowed to a debtor ₹100 on receiving cash from him was not posted to...

17. Rectify the following errors: Depreciation provided on machinery ₹4,000 was posted as ₹400. Bad debts written off ₹5,000 were posted as ₹6,000. Discount allowed to a debtor ₹100 on receiving cash from him was posted as ₹60. Goods withdrawn by proprietor for personal use ₹800 were posted as ₹300....

18. Rectify the following errors assuming that suspense account was opened. Ascertain the difference in trial balance. Depreciation provided on machinery ₹4,000 was not posted to Depreciation account. Bad debts written-off ₹5,000 were not posted to Debtors account. Discount allowed to a debtor ₹100 on receiving cash from him was...

19. Trial balance of Anuj did not agree. It showed an excess credit of ₹6,000. He put the difference to suspense account. He discovered the following errors Cash received from Ravish ₹8,000 posted to his account as ₹6,000. Returns inwards book overcast by ₹1,000. Total of sales book ₹10,000 was...

20. Trial balance of Raju showed an excess debit of ₹10,000. He put the difference to suspense account and discovered the following errors: Depreciation written-off the furniture ₹6,000 was not posted to Furniture account. Credit sales to Rupam ₹10,000 were recorded as ₹7,000. Purchases book undercast by ₹2,000. Cash sales...

21. Trial balance of Madan did not agree and he put the difference to suspense account. He discovered the following errors: Sales return book overcast by ₹800. Purchases return to Sahu ₹2,000 were not posted. Goods purchased on credit from Narula ₹4,000 though taken into stock, but no entry was...

22. Trial balance of Kohli did not agree and showed an excess debit of ₹16,300. He put the difference to a suspense account and discovered the following errors: Cash received from Rajat ₹5,000 was posted to the debit of Kamal as ₹6,000. Salaries paid to an employee ₹2,000 were debited...

23. Give journal entries to rectify the following errors assuming that suspense account had been opened. Goods distributed as free sample ₹5,000 were not recorded in the books. Goods withdrawn for personal use by the proprietor ₹2,000 were not recorded in the books. Bill receivable received from a debtor ₹6,000...

24. Trial balance of Khatau did not agree. He put the difference to suspense account and discovered the following errors: Credit sales to Manas ₹16,000 were recorded in the purchases book as ₹10,000 and posted to the debit of Manas as ₹1,000. Furniture purchased from Noor ₹6,000 was recorded through...

25. Trial balance of John did not agree. He put the difference to suspense account and discovered the following errors: In the sales book for the month of January total of page 2 was carried forward to page 3 as ₹1,000 instead of ₹1200 and total of page 6 was...