The following mistakes were located in the books of a concern after its books were closed and a Suspense Account was opened in order to get the Trial Balance agreed:
-Sales Day Book was overcast by INR 1,000.
-A sale of INR 5,000 to X was wrongly debited to the Account of Y.
-General expenses INR 180 was posted in the General Ledger as INR 810.
- A Bill Receivable for INR 1,550 was passed through Bills Payable Book. The Bill was given by P.
- Legal Expenses INR 1,190 paid to Mrs. Neetu was debited to her personal account.
- Cash received from Ram was debited to Shyam 1,500. - While carrying forward the total of one page of the Purchases Book to the next, the amount of INR 1,235 was written as INR 1,325.
Answers
Answer:
1 profit and loss adjustment ac dr 1000
suspense ac. 1000
2 X ac dr. 5000
To Y ac. 5000
3 profit and loss adjustment ac dr. 180
suspense ac dr. 630
To profit and loss adjustment ac. 810
4 BR ac dr. 1550
BP ac dr. 1550
To suspense ac. 3100
6suspense ac dr. 3000
To Ram ac. 1500
To shyam ac. 1500
7suspense ac dr. 90
To profit and loss adjustment ac. 90