Question

A folio in the purchases journal was added as Rs $34,680$, instead of Rs$36,480$. Identify the amount of the trial balance difference which will be placed in a suspense account.

• A. Cr. $1,800$
• B. Dr. $1,800$
• C. Dr. $3,640$
• D. Cr. $3,640$

Answer 1

The correct option is B Dr. $1,800$

Difference : 36,480−34,680=1,800 its an error of commission. 36,480−34,680=1,800
Amount of purchase is short by Rs1,8001,800. As purchase has debit balance and it comes on the debit side of trial balance, the trial balance must be short by Rs1,8001,800 on the debit side.