Question

19. Rectify the following errors by passing journal entries, using a suspense account.
ti) The purchases of * 400 from X was entered into sales book but X's personal account was rightly
credited
(in) The sale of 430 to Y was credited in his account as 340.
(im The sale of old furniture of 540 was credited to sales account as * 450.
(iv) Goods worth 100 were taken by the proprietor which was not recorded.
(v) The sales of 296 to Pwas entered in sales books as 269.
(vi) Sales return book balance of 210 was not included in the accounts.​

Answer 1

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