Accountancy, asked by sakthisaran388, 4 months ago

The book keeper finds the difference in trial balance and he post the difference amount to suspense account . rectify the following error :Discount column on the receipt side of cash book , totaling 500 has been over casted by Rs 126.

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Answered by Anonymous

Answer:

Explanation:

Make adjustments from the following information given below while preparing P and L account. Loan at 12% P,A (cr) Rs 15000 Interest on Loan (dr) Rs 1000 Deposit @ 8% P.A (dr) Rs 10000 Interest on deposit (cr) Rs 500

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The book keeper finds the difference in trial balance and he post the difference amount to suspense account . rectify the following error :Discount column on the receipt side of cash book , totaling 500 has been over casted by Rs 126.​

Answers

The book keeper finds the difference in trial balance and he post the difference amount to suspense account . rectify the following error :Discount column on the receipt side of cash book , totaling 500 has been over casted by Rs 126.