payment side of cash book was overcast by 5000

Payment side of Cash Book over castes by Rs 5,000, implies that cash balance (to be shown in the Balance Sheet) have reduced. Therefore to rectify the following Journal Entry is passed:
 
   ​ ​Journal Entry
Date Particulars L.F. Debit Amount
Rs
Credit Amount
Rs
           
  Cash A/c Dr   5,000  
    To Suspense A/c       5,000
  (Payment side of Cash Book over castes by Rs 5,000, now rectified)        

 

  • 2

Suspense A/c Dr.

To Cash A/c

  • 2

Suspense A/c Dr. 5000

To Cash A/c 5000

  • 1
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