Chapter 17 – Rectification Of Errors – TS Grewal 2022
Miscellaneous Transactions
Question 35
Q35. Rectify the following errors by passing Journal entries:
(i) A sum of 470 received from Ganga was posted to her debit as 740.
(ii) A debit balance of 550 in the personal account of Mr. John was undercast.
(iii) Bills Receivable from Brown for 3,000 posted to the credit of Bills Payable Account and credited to Brown’s Account.
(iv) Goods returned by Mridul 225 have been entered in the Returns Outward Book.
Solution
Rectify the following errors – Q35
