Trial Balance of Anuj did not agree. It showed an excess credit of ₹ 6,000. He put the difference to Suspense Account. He discovered the following errors.
(a) Cash received from Ravish ₹ 8,000 posted to his account as ₹ 6,000.
(b) Returns Inwards book overcast by ₹ 1,000.
(c) Total of Sales Book ₹ 10,000 was not posted to Sales Account.
(d) Credit purchases from Nanak ₹ 7,000 were recorded in Sales Book. However, Nanak's Account was correctly credited.
(e) Machinery purchased for ₹ 10,000 was posted to Purchases Account as ₹ 5,000. Rectify the errors and prepare Suspense Account.

Open in App

Solution

One Sided Errors

Journal

Date Particulars L.F. Debit Amount (Rs) Credit Amount (Rs)

a) Suspense A/c Dr. 2,000

To Ravish’s A/c
2,000

(An amount of Rs 8,000 received from Ravish posted as Rs 6,000)

b) Suspense A/c Dr. 1,000

To Sales Return A/c
1,000

(Overcasting of Return Inwards book)

c) Suspense A/c Dr. 10,000

To Sales A/c
10,000

(Total of Sales Book omitted to be posted to Sales Account)

d) Purchases A/c Dr. 7,000

Sales A/c Dr. 7,000

To Suspense A/c
14,000

(Credit purchases from Nanak recorded in Sales Book)

e) Machinery A/c Dr. 10,000

To Purchases A/c
5,000

To Suspense A/c
5,000

(Purchase of machinery recorded as purchases)

Suspense Account

Dr. Cr.

Particulars Amount (Rs) Particulars Amount
(Rs)

Difference in Trial Balance 6,000 Purchases A/c 7,000

Ravish’s A/c 2,000 Sales A/c 7,000

Sales Return A/c 1,000 Machinery A/c 5,000

Sales A/c 10,000

19,000 19,000

Suggest Corrections

Similar questions

Trial balance of Anuj did not agree. It showed an excess credit of Rs 6,000.

He put the difference to suspense account. He discovered the following erro Rs

(a)	Cash received from Ravish Rs 8,000 posted to his account as Rs 6,000.
(b)	Returns inwards book overcast by Rs 1,000.
(c)	Total of sales book Rs 10,000 was not posted to Sales account.
(d)	Credit purchases from Nanak Rs 7,000 were recorded in sales Book. However, Nanak’s account was correctly credited.
(e)	Machinery purchased for Rs 10,000 was posted to purchases account as Rs 5,000. Rectify the errors and prepare suspense account.

The trial balance of Anuj did not agree. It showed an excess credit of Rs. 6,000. He put the difference to a suspense account. He discovered the following errors.

(a) Cash received from Ravish Rs. 8,000 posted to his account as Rs. 6,000

(b) Return inwards book overcast by Rs. 1,000

(d) Credit purchase from Nanak Rs. 7,000 were recorded in the sales book. However, Nanak's account was correctly credited.

(e) Machinery purchased for Rs. 10,000 was posted to purchase account as Rs. 5,000

Rectify the errors and prepare a suspense account.

Trial balance of Raju showed an excess debit of Rs 10,000. He put the difference to suspense account and discovered the following errors:

(a)	Depreciation written-off the furniture Rs 6,000 was not posted to Furniture account.
(b)	Credit sales to Rupam Rs 10,000 were recorded as Rs 7,000.
(c)	Purchases book undercast by Rs 2,000.
(d)	Cash sales to Rana Rs 5,000 were not posted.
(e)	Old Machinery sold for Rs 7,000 was credited to sales account.
(f)	Discount received Rs 800 from Kanan on playing cash to him was not posted. Rectify the errors and prepare suspense account.

Trial balance of Raju showed an excess debit of Rs. 10,000. He put the difference to suspense account and discovered the following errors.
(i) Depreciation written-off the furniture Rs. 6,000 was not posted to furniture account.
(ii) Credit sales to Rupam Rs. 10,000 were recorded as Rs. 7,000.
(iii) Purchases book undercast by Rs. 2,000.
(iv) Cash sales to Rana Rs. 5,000 were not posted.
(v) Old machinery sold for Rs. 7,000 was credited to sales account
(vi) Discount received Rs. 800 from Karan on paying cash to him was not posted.
Rectify the errors and prepare suspense account.

Trial balance of Khatau did not agree. He put the difference to a suspense account and discovered the following errors.

(a) Credit sales to Manas Rs. 16,000 were recorded in the purchase book as Rs. 10,000 and posted to the debit of Manas as Rs. 1,000.

(b) Furniture purchased from Noor Rs. 6,000 was recorded through purchase book as Rs. 5,000 and posted to the debit of Noor Rs. 2,000.

(d) Old machinery sold for Rs. 2,000 to Maneesh recorded through sales book as Rs. 1,800 and posted to the credit of Manish as Rs. 1,200.

(e) Total of return inwards book Rs. 2,800 posted to purchase account.

Rectify the above errors and prepare a suspense account to ascertain the difference in trial balance.

Join BYJU'S Learning Program

Journal
Date	Particulars		L.F.	Debit Amount (Rs)	Credit Amount (Rs)
a)	Suspense A/c	Dr.		2,000
	To Ravish’s A/c				2,000
	(An amount of Rs 8,000 received from Ravish posted as Rs 6,000)

b)	Suspense A/c	Dr.		1,000
	To Sales Return A/c				1,000
	(Overcasting of Return Inwards book)

c)	Suspense A/c	Dr.		10,000
	To Sales A/c				10,000
	(Total of Sales Book omitted to be posted to Sales Account)

d)	Purchases A/c	Dr.		7,000
	Sales A/c	Dr.		7,000
	To Suspense A/c				14,000
	(Credit purchases from Nanak recorded in Sales Book)

e)	Machinery A/c	Dr.		10,000
	To Purchases A/c				5,000
	To Suspense A/c				5,000
	(Purchase of machinery recorded as purchases)

Suspense Account
Dr.				Cr.
Particulars	Amount (Rs)	Particulars	Amount (Rs)
Difference in Trial Balance	6,000	Purchases A/c	7,000
Ravish’s A/c	2,000	Sales A/c	7,000
Sales Return A/c	1,000	Machinery A/c	5,000
Sales A/c	10,000
	19,000		19,000