Accountancy, asked by kartikgupta599pe8e8z, 3 months ago

Total of Purchase Book was carried as Rs. 5,000 instead of Rs. 500​

Answers

Answered by Lauv12
0

Answer:

Date

Particulars

L.F.

Debit

Amount

(Rs)

Credit

Amount

(Rs)

(i)

Suspense A/c

Dr.

10,000

To Purchases A/c

10,000

(Purchase book was overcastted by Rs 10,000, now rectified)

(ii)

Purchases Return A/c

Dr.

1,000

To Suspense A/c

1,000

(Purchase return book was overcastted by Rs 1,000, now rectified)

(iii)

Purchases Return A/c

Dr.

100

To Suspense A/c

100

(Purchase return book’s balance was carried forward in excess of Rs 100, now rectified)

(iv)

Suspense A/c

Dr.

1,000

To Purchases A/c

1,000

(Purchase book’s balance was carried forward in excess of Rs 1,000, now rectified)

Answered by OPlakshit
15

Answer:

Total of Purchase Book was carried as Rs. 5,000 instead of Rs. 500

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