Question

Rectify the following errors assuming that Suspense Account was opened. Ascertain the difference in Trial Balance.
(a) Credit sales to Mohan ₹ 7,000 were recorded in Purchase Book. However, Mohan's Account was correctly debited.
(b) Credit purchases from Rohan ₹ 9,000 were recorded in Sales Book. However, Rohan's Account was correctly credited.
(c) Goods returned to Rakesh ₹ 4,000 were recorded in Sale Returns Book. However, Rakesh's Account was correctly debited.
(d) Goods returned from Mahesh ₹ 1,000 were recorded through Purchase Returns Book. However, Mahesh's Account was correctly credited.
(e) Goods returned to Naresh ₹ 2,000 were recorded through Purchases Book. However, Naresh's Account was correctly debited.

Answer 1

One Sided Errors

Journal
Date	Particulars		L.F.	Debit Amount (Rs)	Credit Amount (Rs)
a)	Suspense A/c	Dr.		14,000
	To Sales A/c				7,000
	To Purchases A/c				7,000
	(Goods sold to Mohan wrongly recorded in Purchases Book)
b)	Purchases A/c	Dr.		9,000
	Sales A/c	Dr.		9,000
	To Suspense A/c				18,000
	(Credit purchases from Rohan recorded in Sales Book)
c)	Suspense A/c	Dr.		8,000
	To Purchases Return A/c				4,000
	To Sales Return A/c				4,000
	(Goods returned to Rakesh recorded in Sales Return Book)
d)	Sales Return A/c	Dr.		1,000
	Purchases Return A/c	Dr.		1,000
	To Suspense A/c				2,000
	(Goods returned from Mahesh recorded in Purchases Return Book)
e)	Suspense A/c	Dr.		4,000
	To Purchases Return A/c				2,000
	To Purchases A/c				2,000
	(Goods returned to Naresh recorded in Purchases Book)

Suspense Account
Dr.				Cr.
Particulars		Amount (Rs)	Particulars	Amount (Rs)
Sales A/c		7,000	Difference as per Trial Balance (Balancing Figure)	6,000
Purchases A/c		7,000	Purchases A/c	9,000
Purchases Return A/c		4,000	Sales A/c	9,000
Sales Return A/c		4,000	Sales Return A/c	1,000
Purchases Return A/c		2,000	Purchases Return A/c	1,000
Purchases A/c		2,000
		26,000		26,000