Question

5. The Trial Balance prepared by a book-keeper on 31.12.2008
showed excess credit of Rs. 240. This difference was transferred
to suspense account. The following errors were found You are
required to Pass Journal entries to rectify these errors, prepare
suspense account and show the effect on profit.
a. The sales book total shows excess of Rs. 1,100


b. Goods sold to Raja RS.600 was credited to his account.

BCOM‐ Second Year 5

c. Goods purchased from Uma for Rs. 2,640 was posted to her
account as Rs. 640
.d. Discount received account shows Rs. 60 short.

e. Rent paid to Land Lord Rs. 340 was debited to his personal
account.

Answer 1

e. Rent paid to Land Lord Rs. 340 was debited to his personal
account.