Question

Rectify the following errors assuming that a suspense account was opened.

Ascertain the difference in trial balance.

(a)	Credit sales to Mohan Rs 7,000 were posted to the credit of his account.
(b)	Credit purchases from Rohan Rs 9,000 were posted to the debit of his account as Rs 6,000.
(c)	Goods returned to Rakesh Rs 4,000 were posted to the credit of his account.
(d)	Goods returned from Mahesh Rs 1,000 were posted to the debit of his account as Rs 2,000.
(e)	Cash sales Rs 2,000 were posted to the debit of sales account as Rs 5,000.

Answer 1

Journal
S. No.	Particulars			L.F.	Debit Amount Rs	Credit Amount Rs
(a)	Mohan		Dr.		14,000
		To Suspense A/c				14,000
	(Goods sold to Mohan wrongly credited to his account, now rectified)
(b)	Suspense A/c		Dr.		15,000
		To Rohan				15,000
	(Goods purchased from Rohan, Rs 9,000 wrongly debited to Rohan's Account as Rs 6,000, now rectified)
(c)	Rakesh		Dr.		8,000
		To Suspense A/c				8,000
	(Goods returened to Rakesh wrongly credited to his account, now rectified)
(d)	Suspense A/c		Dr.		3,000
		To Mahesh				3,000
	(Goods returned from Mahesh Rs 1,000 wrongly debited to his account as Rs 2,000, now rectified)
(e)	Suspense A/c		Dr.		7,000
		To Sales A/c				7,000
	(Goods sold for cash for Rs 2,000 wrongly debited to Sales Account as Rs 5,000, now rectified)

Suspense Account
Dr.							Cr.
S. No.	Particulars	J.F.	Amount Rs	S. No.	Particulars	J.F.	Amount Rs
(b)	Rohan		15,000	(a)	Mohan		14,000
(d)	Mahesh		3,000	(c)	Rakesh		8,000
(e)	Sales		7,000		Balance c/d		3,000
			25,000				25,000