Question

One item of purchase of 25 has been posted from the day book to ledger as 250rectify using suspense a/c​

Answer 1

Answer:

suspense a/c 225 dr.

To. purchases a/c. 225

Explanation:

purchases ac is credited because as you have shown RS 25 as 250 you should deduct 250-25 = 225 in order to correct and rectify the error.....

if this is correct it's okay

if incorrect plz let me know...

happy to help :-)

Answer 2

Answer:supplier a/c. Dr 225

To suspense a/c. 225

Explanation:

The purchases recorded correctly as rs.25 but in supplier account has been credited with rs.250 in debit side suspense account will be opened with 225Rs