Question

Shri Harjit has tallied his trial balance by debiting difference of rupees 1000 to suspense account

and thereafter he has prepared final accounts.

:- After preparation of final accounts the following errors are detected.

1] Goods of rupees 3500 returned by Beena is posted on debit side of a account.

2] Total of purchase return book is overcast by rupees 800.

3] Harjit has paid rupees 600 for his personal medical bill and

the amount is debited to miscellaneous expense account.

4] Rupees 1200 received from Nehal for rent is posted to the credit of her account as well as to rent

account.

5] Good of rupees 5000 sold to Surendra is recorded in purchase book.

6] Rupees 6000 paid toEsha for payment of loan is not posted to her account.​

Answer 1

Answer:

Shri Harjit has tallied his trial balance by debiting difference of rupees 1000 to suspense account

and thereafter he has prepared final accounts.

:- After preparation of final accounts the following errors are detected.

1] Goods of rupees 3500 returned by Beena is posted on debit side of a account.

2] Total of purchase return book is overcast by rupees 800.

3] Harjit has paid rupees 600 for his personal medical bill and

the amount is debited to miscellaneous expense account.

4] Rupees 1200 received from Nehal for rent is posted to the credit of her account as well as to rent

account.

5] Good of rupees 5000 sold to Surendra is recorded in purchase book.

6] Rupees 6000 paid toEsha for payment of loan is not posted to her account.