Question

Trial balance of Sumit did not match & he put the difference to suspense account. You are

required to rectify the following errors & prepare suspense account to ascertain the difference

in the trial balance.

a) Sales book was overcasted by Rs. 4,000.

b) Purchase book was undercasted by Rs. 1,000.

c) Credit purchases from Kamal were debited to his account Rs. 5,000.

d) Discount allowed to a customer Rs. 2,500 has been credited to him as Rs. 5,200.

e) Cash paid to Mohan Rs. 7,000 has been credited to his account as Rs. 3,000.

f) Goods returned by Rakesh Rs. 5,000 has been recorded in the returns inwards book but

omitted to be posted to his account.
​

Answer 1

Answer:

• goods returned by Mukesh rupees 5000 has been recorded इन रिटन इन वर्ड बुक