Madras, B.Com, M
Ams: Opening balance of Suspense A/c : Rs. 171
1. Following errors were detected after preparation of trial balance and ta
difference to suspense account. Rectify the errors:
(a) A credit sale of Rs. 450 to Chitra was debited to Mitra.
(b) A purchase of goods for Rs. 750 from Chakravarthy was debited to his
(c) An office almirah purchased for Rs. 750 was debited to repairs accou
(d) A sum of Rs. 350 received from Maya, a debtor, was debited to her a
e) Purchase of goods for the consumption of the proprietor was debited top
account.
(1) Discount allowed Rs. 75 was credited to discount received account
[Madras, B.Com, Sep
22. The following mistakes were located in the books of a business concern after its
[Ans : Opening balance of Suspense A/c : Rs 2,05€
were closed and suspense account was created in order to agree the trial baler
(a) Sales day book was over cast by Rs. 100
(b) А
Answers
Answer:
Madras, B.Com, M
Ams: Opening balance of Suspense A/c : Rs. 171
1. Following errors were detected after preparation of trial balance and ta
difference to suspense account. Rectify the errors:
(a) A credit sale of Rs. 450 to Chitra was debited to Mitra.
(b) A purchase of goods for Rs. 750 from Chakravarthy was debited to his
(c) An office almirah purchased for Rs. 750 was debited to repairs accou
(d) A sum of Rs. 350 received from Maya, a debtor, was debited to her a
e) Purchase of goods for the consumption of the proprietor was debited top
account.
(1) Discount allowed Rs. 75 was credited to discount received account
[Madras, B.Com, Sep
22. The following mistakes were located in the books of a business concern after its
[Ans : Opening balance of Suspense A/c : Rs 2,05€
were closed and suspense account was created in order to agree the trial baler
(a) Sales day book was over cast by Rs. 100
(b) А