Chapter 17 – Rectification Of Errors – TS Grewal 2022
Miscellaneous Transactions
Question 36
Q36. While trying to close his books for the year ended 31st March, 2014, Mahesh found that the Trial Balance did not agree. He traced the following errors:
(i) In the Sales Book for the month of January total of Page No. 2 was carried forward to Page No. 3 as 1,000 instead of 1,200 and total of Page No. 6 was carried forward to Page No. 7 as 5,600 instead of 5,000.
(ii) Goods returned to Ram 1,000 were recorded in the Sales Book.
(iii) Bills Receivable for 1,600 from Noor was dishonoured and posted to debit of Allowances Account.
Rectify the above errors.
Solution
While trying to close his books – Q36
