10. Rectify the following errors and find out the difference in Trial balance.
Open suspense account.
i). 7850 paid for the purchase of a Type Writer was charged to office
expenses account.
ii) Cash sales 3,550 was posted as 3,505
iii) Purchases returns book for November was undercast by 25
iv) Goods accounting to 860 sold to Ravi on 25th December were
although correctly entered in the sales bok, posted as 866 to the
ledger a/c. The total sales of the month was overcast by 100
v) Goods sold to Ramu worth 150 were correctly entered and from
there posted to his debit. But goods were later on returned and
taken into stock. No enteries were made in the book.
(M.S. University 2000)
(Ans : Difference to Trial Bal. 120
Suspense a/c Total 220)
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