wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Rs 2,18,400 paid to a supplier has been posted to the supplier's account as Rs2,14,800. Identify the amount of the trial balance difference which will be placed in a suspense account.

A
Dr. 3,600
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
Dr. 2,18,400
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Cr. 3,600
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Dr. 7,200
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is A Dr. 3,600
Wrong posting of an amount in a single side of the account will affect the trial balance. In the given situation an amount of Rs.218400 paid to a supplier is posted as Rs.214800. It is an error of commission. There is a short debit to the supplier's account of Rs.3600 (Rs.218400-Rs.214800).
The difference of Rs.3600 will be placed in suspense account.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Properties of Inequalities
MATHEMATICS
Watch in App
Join BYJU'S Learning Program
CrossIcon