A few errors committed in Antrut's books of account are given below. State which errors would affect the trial balance.
(1) Sales of Rs. 950 to Ram completely omitted from books of account.
(2) Purchases of Rs. 720 from Shyam entered in the purchases journal as Rs. 700.
(3) Purchases Journal is overcast by Rs. 1,000.
(4) Sales returns journal is under cast by Rs. 200.
(5) Amount paid to Agarwal wrongly posted to the debit to Minas account.
(6) Bank overdraft shown under debit column in the Trial Balance
(7) Sales of Rs. 500 to Sadiqentered in sales journal as sales to Mushtaq.
(8) Wages paid for installation of machinery debited to wages account.
select the correct answer from the options given below -

(1), (3) and (7)

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(3), (4) and (6)

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(3), (4), (5) and (8)

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(3), (4), (6) and (8)

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Solution

The correct option is B (3), (4) and (6)
(1) Sales of Rs. 950 to Ram completely omitted from books of account- Complete omission, no effect on the trial balance.
(2) Purchases of Rs. 720 from Shyam entered in the purchases journal as Rs. 700- Original entry with the wrong amount. Double-sided error, hence no effect on the trial balance.
(3) Purchases Journal is overcast by Rs. 1,000- It's an error of commission. Single-sided error, hence trial balance will have a difference.
(4) Sales returns journal is undercast by Rs. 200- It's an error of commission. Single-sided error, hence trial balance will have a difference.
(5) Amount paid to Agarwal wrongly posted to the debit to Mina's account- It's an error of posting in the wrong account. Hence no effect on the trial balance.
(6) Bank overdraft shown under debit column in the Trial Balance- Bank o/d always have a credit balance. This will affect the trial balance.
(7) Sales of Rs. 500 to Sadiq entered in sales journal as sales to Mushtaq- It's an error of posting in the wrong account, hence no effect on the trial balance.
(8) Wages paid for the installation of machinery debited to wages account- It's an error of principle. It does not have any effect on the trial balance.

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Similar questions

Q. A few errors committed in Amrut's books of account are given below. State which errors would affect the trial balance.
(1) Sales of Rs

950

to Ram completely omitted from books of account.
(2) Purchases of Rs

720

from Shyam entered in the purchases journal as Rs

700

.
(3) Purchases Journal is overcast by Rs

1, 000

(4) Sales returns journal is under cast by Rs

200

.
(5) Amount paid to Agarwal wrongly posted to the debit to Mittal's account.
(6) Bank overdraft shown under debit column in the Trial Balance.
(7) Sales of Rs

500

to Sadiq entered in sales journal as sales to Mushtaq.
(8) Wages paid for installation of machinery debited to wages account.
Select the correct answer from the options given below.

Trial balance of Radhika did not agree. Radhika put the difference to suspense account. subsequently she located the following errors.

1) Furniture purchased for Rs 6,000 was posted to purchases account as Rs 600.
2) Repairs to Machinerry Rs 500 were debited to Machinery account.
3) Wages paid for installation of Machinery Rs 750 was posted to wages account.
4) Purchased material Rs 8,000 and wages Rs 2,000 were used for construction of building not recorded in the books.
5) Total of sales returns book Rs 2,000 was not posted to the ledger.
6) Old Furniture sold to Dinesh at its book value of Rs 2,500 was recorded through sales book.

Trial balance of John did not agree. He put the difference to suspense account and discovered the following errors :

(a)	In the sales book for the month of January total of page 2 was carried forward to page 3 as Rs 1,000 instead of Rs 1,200 and total of page 6 was carried forward to page 7 as Rs 5,600 instead of Rs 5,000.
(b)	Wages paid for installation of machinery Rs 500 was posted to wages account as Rs 50.
(c)	Machinery purchased from R & Co. for Rs 10,000 on credit was entered in Purchase Book as Rs 6,000 and posted there from to R & Co. as Rs 1,000.
(d)	Credit sales to Mohan Rs 5,000 were recorded in Purchases Book.
(e)	Goods returned to Ram Rs 1,000 were recorded in Sales Book.
(f)	Credit purchases from S & Co. for Rs 6,000 were recorded in sales book. However, S & Co. was correctly credited.
(g)	Credit purchases from M & Co. Rs 6,000 were recorded in Sales Book as Rs 2,000 and posted there from to the credit of M & Co. as Rs 1,000.
(h)	Credit sales to Raman Rs 4,000 posted to the credit of Raghvan as Rs 1,000.
(i)	Bill receivable for Rs 1,600 from Noor was dishonoured and posted to debit of Allowances account.
(j)	Cash paid to Mani Rs 5,000 against our acceptance was debited to Manu.
(k)	Old furniture sold for Rs 3,000 was posted to Sales account as Rs 1,000.
(l)	Depreciation provided on furniture Rs 800 was not posted.
(m)	Material Rs 10,000 and wages Rs 3,000 were used for construction of building. No adjustment was made in the books.

Rectify the errors and prepare suspense to ascertain the difference in trial balance.

Trial balance of Madan did not agree and he put the difference to suspense account. He discovered the following errors:

(a)	Sales return book overcast by Rs 800.
(b)	Purchases return to Sahu Rs 2,000 were not posted.
(c)	Goods purchased on credit from Narula Rs 4,000 though taken into stock, but no entry was passed in the books.
(d)	Installation charges on new machinery purchased Rs 500 were debited to sundry expenses account as Rs 50.
(e)	Rent paid for residential accommodation of madam (the proprietor) Rs 1,400 was debited to Rent account as Rs 1,000.

Rectify the errors and prepare suspense account to ascertain the difference in trial balance.

Trial balance of Sagar did not agree. It showed an excess credit Rs 7,550. Sagar put the difference to suspense account. He located the following errors-

1) Sales return book was overcast by Rs 1,200.
2) Purchases book was undercast by Rs 750.
3) Goods returned to Mahesh Rs 1000 were recorded through sales book.
4) Credit purchase from Mahadev Rs 6,000 were recorded through sales book.
5) Credit purchase from Damodhar Rs 4,000 were recorded through sales book. However, Damodhar’s account was correctly credited.
6) Salary paid Rs 3,500 was debited to employee’s personal account.

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