Question

Q. the Trail Balance prepare by a book keeper on 31-12-2008 showed excess credit of Rs 240.The difference was transferred to suspense account.the following errors were found your are required to pass journal entries to rectify these errors.prepare suspense account and show the effect on profit. a)The sales Book total shows excess of Rs,1100 b) Goods sold to Raju Rs 600 was credited to his account c)Goods purchased from uma for 2640 was posted to her account as Rs 640 d) Discount received account shows Rs 60 short . e) Rent paid to land lord Rs 340 was debited to his personal account.

Answer 1

Please find below the attachment for the  answer .