DK Goel Accountancy Class 11 Solutions Chapter 19 Rectification of Errors which is outlined by expert Accountancy teachers from the latest version of DK Goel Class 11 Accountancy books. We at BYJUâ€™S provide DK Goel Solutions to assist students to comprehend all the theories in particular. There are numerous concepts in Accountancy, but the concepts of Trial Balance, Depreciation and Bank Reconciliation Statement (BRS) are required.
DK Goel Accountancy Class 11 Solutions – Chapter 19
Question 1
Rectify the following errors:
- Credit sales to Arun, â‚¹. 7,000/- were not recorded
- Credit purchases from Brij, â‚¹. 9,000/- were not recorded
- Goods returned to Charu, â‚¹. 4,000/- were not recorded
Goods returned from Deep, â‚¹.1,000/- were not recorded
Solution:
JOURNAL
Date |
Particulars |
L.F. |
Dr. |
Cr. |
i |
Arun a/c Dr. |
7,000 |
||
To Sales a/c |
7,000 |
|||
(Credit sales omitted to be recorded in the books) |
||||
ii |
Purchases a/c Dr. |
9,000 |
||
To Brij a/c |
9,000 |
|||
(Credit purchase omitted to be recorded in the books) |
||||
iii |
Charu a/c Dr. |
4,000 |
||
To Purchases Return a/c |
4,000 |
|||
(Purchases return omitted to be recorded in the books) |
||||
iv |
Sales Return a/c Dr. |
1,000 |
||
To Deep a/c |
1,000 |
|||
(Sales return omitted to be recorded in the books) |
Question 2
Rectify the following errors:
- Credit sales to Arun, â‚¹. 7,000/- were recorded as â‚¹. 7,200/-
- Credit purchases from Brij, â‚¹. 9,000/- were recorded as â‚¹. 9,900/-
- Goods returned to Charu, â‚¹. 4,000/- were recorded as â‚¹. 4,040/-
Goods returned from Deep, â‚¹.1,000/- were recorded as â‚¹. 1,600/-
Solution:
JOURNAL
Date |
Particulars |
L.F. |
Dr. |
Cr. |
i |
Sales a/c Dr. |
200 |
||
To Arun a/c |
200 |
|||
(Credit sales recorded as â‚¹. 7,200/- instead of â‚¹. 7,000/- in the books) |
||||
ii |
Brij a/c Dr. |
900 |
||
To Purchases a/c |
900 |
|||
(Credit purchase recorded as â‚¹. 9,900/- instead of â‚¹. 9,000/- in the books) |
||||
iii |
Purchases Return a/c Dr. |
40 |
||
To Charu a/c |
40 |
|||
(Purchases return recorded as â‚¹. 4,040 instead of â‚¹. 4,000/- in the books) |
||||
iv |
Deep a/c Dr. |
600 |
||
To Sales Return a/c |
600 |
|||
(Sales return recorded as â‚¹. 1,600 instead of â‚¹. 1,000/- in the books) |
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