Goods sold to Vijaya for Rs.45 was posted to her account as Rs.54. Suspense account shall be _ By Rs _

Debited by Rs 9

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Credited by Rs9

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Debited by Rs 45

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Credited by Rs 54

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Solution

The correct option is A
Debited by Rs 9

Rectification entry shall be
Suspense A/c Dr Rs 9
To Vijaya Rs 9

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Rs. 580 received from Shyam were posted to his account as Rs. 850. To rectify this error, suspense account shall be ___ With Rs ___ .

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Rectify the following errors assuming that a suspense account was opened. Ascertain the difference in trial balance.

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Goods sold to Vijaya for Rs.45 was posted to her account as Rs.54. Suspense account shall be ___ By Rs ___

The correct option is A Debited by Rs 9 Rectification entry shall be Suspense A/c Dr Rs 9 To Vijaya Rs 9

Goods sold to Vijaya for Rs.45 was posted to her account as Rs.54. Suspense account shall be _ By Rs _

The correct option is A
Debited by Rs 9

Rectification entry shall be
Suspense A/c Dr Rs 9
To Vijaya Rs 9