Rectify the following errors assuming that suspense account was opened.

Ascertain the difference in trial balance.

(a)

Credit sales to Mohan Rs 7,000 were recorded in Purchase Book. However, Mohan’s account was correctly debited.

(b)

Credit purchases from Rohan Rs 9,000 were recorded in sales book. However, Rohan’s account was correctly credited.

(c)

Goods returned to Rakesh Rs 4,000 were recorded in sales return book. However, Rakesh’s account was correctly debited.

(d)

Goods returned from Mahesh Rs 1,000 were recorded through purchases return book. However, Mahesh’s account was correctly credited.

(e)

Goods returned to Naresh Rs 2,000 were recorded through purchases book. However, Naresh’s account was correctly debited.

 

 

 

Journal

S. No.

Particulars

L.F.

Debit Amount Rs

Credit Amount Rs

(a)

Suspense A/c

Dr.

 

14,000

 

 

 

To Sales A/c

 

7,000

 

 

To Purchases A/c

 

7,000

 

(Goods sold to Mohan  wrongly recorded in Purchases Book;

however, Mohan's Account was correctly debited, now rectified)

 

 

 

 

 

 

(b)

Purchases A/c

Dr.

 

9,000

 

 

Sales A/c

Dr.

 

9,000

 

 

 

To Suspense A/c

 

18,000

 

(Purchased goods from Rohan wrongly recorded in Sales Book.

However, Rohan's Account was correctly credited, now rectified)

 

 

 

 

 

 

(c)

Suspense A/c

Dr.

 

8,000

 

 

To Purchases Return A/c

 

 

4,000

 

To Sales Return A/c

 

 

4,000

 

(Goods returned to Rakesh Rs 4,000 wrongly entered in

Sales Return Book; however, Rakesh's Account was correctly

debited, now rectified)

 

 

 

 

 

 

 

(d)

Sales Return A/c

Dr.

 

1,000

 

 

Purchases Return A/c

Dr.

 

1,000

 

 

To Suspense A/c

 

 

2,000

 

(Goods Returned from Mahesh  wrongly entered in

Purchases Return Book; however, Mahesh's Account was

correctly credited, now rectified)

 

 

 

 

 

 

 

(e)

Suspense A/c

Dr.

 

4,000

 

 

To Purchases Return A/c

 

 

2,000

To Purchases A/c

 

 

2,000

(Goods returned to Naresh wrongly entered in Purchases

Book; however, correctly debited to Naresh's Account,

now rectified)

 

 

 

 

 

 

 

 

 

 

 

Suspense Account

Dr.

Cr.

S. No.

Particulars

J.F.

Amount

Rs

S. No.

Particulars

J.F.

Amount

Rs

(a)

Sales

7,000

(b)

Purchases

9,000

Purchases

7,000

Sales

9,000

(c)

Purchases Return

4,000

(d)

Sales Return

1,000

Sales Return

4,000

Purchases Return

1,000

(e)

Purchases Return

2,000

 

 

Purchases

2,000

Balance c/d

6,000

 

26,000

 

26,000

 

 

 

 

 

 

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