Question

Mukesh found that the Trial Balance did not agree. He found the following errors:
(i) In the Sales Book for the month of January, total of Page No. 3 was carried forward to Page No. 4 as ₹ 1,000 instead of ₹ 1,200 and total of Page No. 7 was carried forward to Page No. 8 as ₹ 5,600 instead of ₹ 5,000.
(ii) Goods returned to Anshuka ₹ 10,000 were recorded in the Sales Book.
(iii) Bill Receivable for ₹ 800 from Riya was dishonoured and posted to the debit of Allowances Account.

Answer 1

Journal Entries
Date	Particulars		L.F.	Debit Amount (Rs)	Credit Amount (Rs)
(i)	Suspense A/c	Dr.		200
	To Sales A/c				200
	(Sales book balance wrongly carried forward by less amount, now rectified)
	Sales A/c	Dr.		600
	To Suspense A/c				600
	(Sales book balance wrongly carried forward by more amount, now rectified)
(ii)	Sales A/c	Dr.		10,000
	To Purchase Returns A/c				10,000
	(Goods returned wrongly recorded in sales book, now rectified)
(iii)	Riya A/c	Dr.		800
	To Allowances A/c				800
	(Bill dishonoured wrongly posted to the debit of Allowances A/c, now rectified)