Test: Rectification Of Errors - 1 - Commerce MCQ
10 Questions MCQ Test Accountancy Class 11 - Test: Rectification Of Errors - 1
A Machine was Purchased for Rs. 3,000 which was wrongly recorded in Purchase A/c. due to this error :
Total of sales book was understated by Rs. 200. Rectification entry will be:
The goods sold for Rs. 900 but the amount was entered in the sales Account as Rs. 1080. On Rectification, suspense account will be:
An amount of Rs. 6,000 due from Anshul, which had been written off as a bad debt in a previous year, was unexpectedly recovered and had been posted to his personal account. The rectification entry is :
Sale of old furniture is wrongly transferred to Sales Account. Which type of error is this ?
Wages paid for the erection of a machine debited to Wages A/c is an example of :
A purchase of computer was debited to Office Expenditure Account. This is an error of :
Credit sale of Rs. 10,000 made to Sallu was passed through purchase book. The proper entry for rectification was the following :
The beginning stock of the current year is overstated by Rs. 500 and closing stock is overstated by Rs. 1200. Effect on profit:
An amount of Rs. 8,765 paid to M was debited to N’s a/c. The rectification of the error will-
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