Question

9. There was an error in the Trial Balance of Mr. Yashwant on 31st March 2019, and
the difference in Books was carried to a Suspense Account. On going through the
Books you found that.
1) 1,000/- being purchases return were posted to the debit of Purchase Account.
2) 4,000/- paid to Badrinath was debited to Kedarnath's Account.
3) 5,400/- received from Kishor was posted to the debit of his account.
4) Discount received * 2,000/- was posted to the debit of Discount Allowed Account.
5) 2,740/- paid to Repairs to Motor Cycle was debited to Motor Cycle Account 1,740/-
Give Journal Entries to rectify the above errors and ascertain the amount transferred to Suspense
Account on 31st March, 2019 by showing the Suspense Account, assuming that the Suspense
Account is balanced after the above corrections.​

Answer 1

Answer:

There was an error in the Trial Balance of Ram Gopal on 31st March, 2018 and the difference in books was carried to the Suspense Account. On going through the books, you find that: (i) Rs. 540 received from M. Mehta was posted to the debit side of his account. (ii) Rs. 100 being purchases return was posted to the debit of the Purchases Account. (iii) Discount of Rs 300 received was posted to the debit of the Discount Account. (iv) Rs. 374 paid for motor car repairs was debited to the Motor Car Account as Rs.174. (v) Rs. 400 paid to C. Das was debited to the account of G. Dass. Pass the Journal entries to rectify the above errors and state what amount was carried to the Suspense Account

Explanation:

please mark as brainliest