Question

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

(a) Credit sales to Mohan Rs. 7000 were posted to Karan as Rs. 5000

(b) Credit purchase from Rohan Rs. 9000 were posted to the debit of Gobind as Rs. 10000

(c) Goods returned to Rakesh Rs. 4000 were posted to the credit of Naresh as Rs. 3000

(d) Goods returned from Mahesh Rs. 1000 were posted to the debit of Manish as Rs. 2000

(e) Cash sales Rs. 2000 were posted to commission account as Rs. 200

Answer 1

$\begin{array}{cccccc}\text{Date}& \text{Particulars}& & \text{LF}& \text{Amt. (Dr)}& \text{Amt. (Cr)}\\ \text{(a)}& \text{Mohan}& \text{Dr}& & 7000& \\ & \text{To Karan}& & & & 5000\\ & \text{To Suspense A/c}& & & & 2000\\ & \text{(Goods sold to Mohan for Rs. 7000,}& & & & \\ & \text{wrongly posted to Karan's Account as Rs. 5000,}& & & & \\ & \text{now rectified)}& & & & \\ & \underset{–}{}& & & & \\ \text{(b)}& \text{Suspense A/c}& \text{Dr}& & 19000& \\ & \text{To Rohan}& & & & 9000\\ & \text{To Gobind}& & & & 10000\\ & \text{(Goods purchased from Rohan Rs. 9000,}& & & & \\ & \text{wrongly posted to Gobind's Account Rs. 10000,}& & & & \\ & \text{now rectified)}& & & & \\ & \underset{–}{}& & & & \\ \text{(c)}& \text{Rakesh}& \text{Dr}& & 4000& \\ & \text{Naresh}& \text{Dr}& & 3000& \\ & \text{To Suspense A/c}& & & & 7000\\ & \text{(Goods returned to Rakesh Rs. 4000,}& & & & \\ & \text{posted wrongly to Naresh's Account Rs. 3000,}& & & & \\ & \text{now rectified)}& & & & \\ & \underset{–}{}& & & & \\ \text{(d)}& \text{Suspense A/c}& \text{Dr}& & 3000& \\ & \text{To Mahesh}& & & & 1000\\ & ‘\text{To Manish}& & & & 2000\\ & \text{(Goods returned by Mahesh Rs. 1000}& & & & \\ & \text{wrongly posted to Manish Account Rs. 2000,}& & & & \\ & \text{now rectified)}& & & & \\ & \underset{–}{}& & & & \\ \text{(e)}& \text{Commission A/c}& \text{Dr}& & 200& \\ & \text{Suspense A/c}& \text{Dr}& & 1800& \\ & \text{To Sales A/c}& & & & 2000\\ & \text{(Cash sales for Rs. 2000, wrongly posted}& & & & \\ & \text{to the commission account Rs. 200, now}& & & & \\ & \text{rectified)}& & & & \end{array}$
$\begin{array}{cccccccc}\text{Dr}& & & & \text{Suspense Account}& & & \text{Cr}\end{array}$

$\begin{array}{cccccccc}\text{Date}& \text{Particulars}& \text{JF}& \text{Amt. Rs}& \text{Date}& \text{Particulars}& \text{JF}& \text{Amt. Rs}\\ \text{(b)}& \text{Rohan's A/c}& & 9000& \text{(a)}& \text{Mohan's A/c}& & 2000\\ & \text{Gobind's A/c}& & 10,000& \left(c\right)& \text{Rakesh's A/c}& & 4000\\ \text{(d)}& \text{Mahesh's A/c}& & 1000& & \text{Naresh's A/c}& & \text{3000}\\ & \text{Manish's A/c}& & 2000& & \text{Balance c/d}& & 14800\\ \text{(e)}& \text{Sales A/c}& & \underset{–}{1800}& & & & \underset{–}{}\\ & & & \underset{–}{23800}& & & & \underset{–}{23800}\end{array}$