Chapter 17 – Rectification Of Errors – TS Grewal 2022
Miscellaneous Transactions
Question 29
Q29. (i) What are the different causes that make a Trial Balance incorrect?
(ii) Pass the rectifying Journal entries:
(a) A credit sale of goods for 2,500 to Krishna has been wrongly passed through the Purchases Book.
(b) 5,000 paid for freight on machinery purchased was debited to the Freight Account as 500.
(c) The Returns Inward Book has been wrongly overcasted by 100.
(d) An amount of 500 due from Ramesh which had been written off as bad debt in previous year was recovered and had been posted to the Personal Account of Ramesh.
(e) A sum of 460 owed by Hari had not been included in the list of debtors.