Question

Write briefnotes. 1) office furniture. 2) ledger foloi no. 3) carrying forward and totalling. 4) personal account. 5)norration.​

Answer 1

Explanation:

This is an error occurred while posting/transferring of balance known as error of casting. When there is error only in one part of the transaction i.e the error is in posting the balance of purchase book and not the creditor/cash account. The entry will be:-

Suspense A/c ...........Dr 900

To Purchases A/c 900.

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