Question

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

(a) Credit sales to Mohan Rs. 7000 were recorded in purchase book. However, Mohan's account was correctly debited.

(b) Credit purchase from Rohan Rs. 9000 were recorded in the sales book. However, Rohan's account was correctly credited.

(c) Goods returned to Rakesh Rs. 4000 were recorded in sales return book. However, Rakesh's account was correctly debited.

(d) Goods returned from Mahesh Rs. 1000 were recorded through purchase return book. However, Mahesh's account was correctly credited.

(e) Goods returned to Naresh Rs. 2000 were recorded through purchase book. However, Naresh's account was correctly debited.

Answer 1

$\begin{array}{cccccc}\text{Date}& \text{Particulars}& & \text{LF}& \text{Amt. (Dr)}& \text{Amt. (Cr)}\\ \text{(a)}& \text{Suspense A/c}& \text{Dr}& & 14,000& \\ & \text{To Sales A/c}& & & & 7,000\\ & \text{To Purchase A/c}& & & & 7,000\\ & \text{(Goods sold to Mohan wrongly entered}& & & & \\ & \text{through purchase book, now rectified)}& & & & \\ & \underset{–}{}& & & & \\ \text{(b)}& \text{Purchase A/c}& \text{Dr}& & 9,000& \\ & \text{Sales A/c}& \text{Dr}& & 9,000& \\ & \text{To Suspense A/c}& & & & 18,000\\ & \text{(Goods purchased from Rohan, wrongly}& & & & \\ & \text{entered in sales book, now rectified)}& & & & \\ & \underset{–}{}& & & & \\ \text{(c)}& \text{Suspense A/c}& \text{Dr}& & 8,000& \\ & \text{To Purchase Return A/c}& & & & 4,000\\ & \text{To Sales Return A/c}& & & & 4,000\\ & \text{(Purchase return wrongly entered}& & & & \\ & \text{through sales return book, now rectified)}& & & & \\ & \underset{–}{}& & & & \\ \text{(d)}& \text{Sales Return A/c}& \text{Dr}& & 1,000& \\ & \text{Purchase Return A/c}& \text{Dr}& & 1,000& \\ & \text{To Suspense A/c}& & & & 2,000\\ & \text{(Sales return from Manish, wrongly}& & & & \\ & \text{entered through purchase return book, now}& & & & \\ & \text{rectified)}& & & & \\ & \underset{–}{}& & & & \\ \text{(e)}& \text{Suspense A/c}& \text{Dr}& & 4,000& \\ & \text{To Purchase Return A/c}& & & & 2,000\\ & \text{To Purchase A/c}& & & & 2,000\\ & \text{(Purchase return wrongly entered}& & & & \\ & \text{through purchase account, now rectified)}& & & & \end{array}$

$\begin{array}{cccccccc}\text{Dr}& & & & \text{Suspense Account}& & & \text{Cr}\end{array}$
$\begin{array}{cccccccc}\text{Date}& \text{Particulars}& \text{JF}& \text{Amt. Rs}& \text{Date}& \text{Particulars}& \text{JF}& \text{Amt. Rs}\\ \text{(a)}& \text{Sales A/c}& & 7,000& \text{(b)}& \text{Purchase A/c}& & 9,000\\ & \text{Purchase A/c}& & 7,000& & \text{Sales A/c}& & 9,000\\ \text{(c)}& \text{Purchase}& & 4,000& \text{(d)}& \text{Sales Return}& & 1,000\\ & \text{Return A/c}& & & & A/c& & \\ & \text{Sales Return A/c}& & 4,000& & \text{Purchase Return A/c}& & 1,000\\ \text{(f)}& \text{Purchase}& & 2,000& & \text{Balance c/d}& & 6,000\\ & \text{Return A/c}& & & & & & \\ & \text{Purchase A/c}& & \underset{–}{2,000}& & & & \underset{–}{}\\ & & & \underset{–}{26,000}& & & & \underset{–}{26,000}\end{array}$