Question

Rectification of Errors
PRACTICAL PROBLEMS
Before Preparation of Trial Balance
Single Side Errors
Small-size problems
1. The following errors were detected before preparation of trial balance :
(i) Sales day book was over cost by 5,200.
(ii) Return outward book was undercast by * 1,500.
(iii) An amount of 450 received from Rahim was posted to his A/c as * 540.
Rectify the above errors.
ning errors which were detected before preparation of trial b
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Answer 1

Answer:

Explanation:

following entries should be passed so as to rectify the  journal

(i) Sales A/c Dr   5200.00

     To suspense A/c  5200.00

(being sales day book overcasted by 5200.00 now corrected)

(ii) Suspense A/c Dr 1500.00

          To Purchase return A/c      1500.00

(being returns outward book was under casted by 1500.00, now corrected

iii)  Rahim A/c Dr    90.00

             To Suspense A/c      90.00

(being an amount of 450 received from Rahim was posted to his A/c as * 540 now corrected)

With this, all accounts will be rectified.