Credits balance in suspense account
Q.25 trial balance shows excess debit of ₹26500 which was transferred to suspense account. Following errors were then located . Rectify them and suspense A/c.
1 .Purchase return boo k has been undercast by ₹ 1,200.
2.Total of sales book ₹12,000 was posted to sales account as ₹2000..
3.Freight paid ₹7,500 was posted twice ro freight account.
4.Received interest ₹2,040 has been posted to interest account as ₹3,040.
5. Purchased goods from Ajitabh worth ₹8,800 not posted to his account from purchase book.
6.Goods aold of ₹2,500 to kanji were recorded as ₹25,000 in the sales book.
Please Answer batao
Ans -- Total of journal proper =₹51,000; Total of suspense A/c = ₹27,500 aayega but please answer bataiye. Thik se
Answers
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Total of journal proper =₹51,000; Total of suspense A/c = ₹27,500
Answer is option 3
Explanation:
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