Question

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
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/
Account is balanced after the above corrections.
PLEASE SOLVE IT​

Answer 1

Answer:

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