Trial balance of Khatau did not agree. He put the difference to suspense account and discovered the following errors:

(a)

Credit sales to Manas Rs 16,000 were recorded in the purchases book as Rs 10,000 and posted to the debit of Manas as Rs 1,000.

(b)

Furniture purchased from Noor Rs 6,000 was recorded through purchases book as Rs 5,000 and posted to the debit of Noor Rs 2,000.

(c)

Goods returned to Rai Rs 3,000 recorded through the Sales book as Rs 1,000.

(d)

Old machinery sold for Rs 2,000 to Maneesh recorded through sales book as Rs 1,800 and posted to the credit of Manish as Rs 1,200.

(e)

Total of Returns inwards book Rs 2,800 posted to Purchase account.

 

Rectify the above errors and prepare suspense account to ascertain the difference in trial balance.

 

 

Journal

S. No.

Particulars

L.F.

Debit Amount Rs

Credit Amount Rs

(a)

Suspense A/c

Dr.

 

11,000

 

 

Manas

Dr.

 

15,000

 

 

 

To Purchases A/c

 

10,000

 

 

To Sales A/c

 

16,000

 

(Goods sold to Manas Rs 16,000 wrongly recorded in Purchases

Book as Rs 10,000 and debited to Manas’s Account as Rs 1,000,

now rectified)

 

 

 

 

 

(b)

Furniture A/c

Dr.

 

6,000

 

 

Suspense A/c

Dr.

 

7,000

 

 

 

To Noor

 

8,000

 

 

To Purchases A/c

 

5,000

 

(Furniture purchased Rs 6,000 from Noor wrongly recorded in

Purchases Book as Rs 5,000 and debited to Noor’s Account as

Rs 2,000, now rectified)

 

 

 

 

 

 

(c)

Sales A/c

Dr.

 

1,000

 

 

Rai A/c

Dr.

 

2,000

 

 

To Return Outwards A/c

 

 

3,000

 

(Goods returned to Rai Rs 3,000 wrongly recorded in the

Sales Book as Rs 1,000, now rectified)

 

 

 

 

 

 

 

(d)

Manish A/c

Dr.

 

1,200

 

 

Sales A/c

Dr.

 

1,800

 

 

Maneesh A/c

Dr.

 

2,000

 

 

To Machinery A/c

 

 

2,000

 

To Suspense A/c

 

 

3,000

 

(Old machinery sold to Maneesh Rs 2,000 wrongly recorded in

the Sales Book as Rs 1,200 and wrongly credited to Manish's

Account as Rs 1,200, now rectified)

 

 

 

 

 

 

 

(e)

Return Inwards A/c

Dr.

 

2,800

 

 

To Purchases A/c

 

 

2,800

 

(Total of Return Inwards Book wrongly posted to Purchases

Account, now rectified)

 

 

 

 

 

Suspense Account

Dr.

Cr.

S. No.

Particulars

J.F.

Amount

Rs

S. No.

Particulars

J.F.

Amount

Rs

(a)

Sales

11,000

(d)

Sundries (Manish, Sales,

(b)

Noor

7,000

Maneesh)

3,000

 

 

Balance c/d

15,000

 

18,000

 

18,000

 

 

 

 

 

 

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