Question

an old machine was sold for 2500 which was entered in sales book , the total of purchase returns book was carried forward as 4100 in stead of 1400. paid 800 to naresh was created to mahesh a/c the sales book was
by 2000. depreciation on machinery 1000

was written as 11000 in depreciation a/c​

Answer 1

Answer:











Class 11

ACCOUNTS

Trial Balance And Rectification Of Errors

Trial balance of John did not agree. He put the difference to suspense account and discovered the following errors : <br> (a) In the sales book for the month of January total of page 2 was carried forward to page 3 as 1,000 instead of 1200 and total of page 6 was carried forward to page 7 as 5,600 instead of 5,000. <br> (b) (d) Credit sales to Mohan 5,000 were recorded in Purchases Book. <br> (e) Goods returned to Ram 1,000 were recorded in Sales Book. <br> (f) Credit purchases from S & Co. for 6,000 were recorded in sales book. However, S & Co. was correctly credited. <br> (g) Credit purchases from M & Co. 6,000 were recorded in Sales Book as 2,000 and posted there from to the credit of M & Co. as 1,000. <br> (h) Credit sales to Raman 4,000 posted to the credit of Raghvan as 1,000. <br> (i) Bill receivable for 1,600 from Noor was dishonoured and posted to debit of Allowances account. <br> (j) Cash paid to Mani 5,000 against our acceptance was debited to Manu. <br> (k) Old furniture sold for 3,000 was posted to Sales account as 1,000. (l) Depreciation provided on furniture 800 was not posted. <br> (m) Material 10,000 and wages 3,000 were used for construction of building. No adjustment was made in the books. Rectify the errors and prepare suspense to ascertain the difference in trial balance