Question

The following errors were committed by the Accountant of Hari Om Toys. 0 Purchase of Rs. 1620 from Anupam & Co. passed through Sales Day Book as Rs. 1260 Credit sale of Rs. 1600 to Soni & Co. was posted to the credit of their account. How would you rectify the errors assuming that : (a) they were detected before preparation of Trial Balance (b) they were detected after preparation of Trial Balance but before preparing Final Accounts, the difference was taken to Suspense Alc (C) they were detected after preparing Final Accounts.​

Answer 1

hope it's helpful for you

option b

Answer 2

Answer:

(a) purchase a/c

sales a/c

to anupam a/c

(b) p &l adjustment a/c

to suspense a/c

(c) purchase a/c

sales a/c

to suspense a/c