Question

Rectify the following errors assuming that a suspense account was opened. Ascertain the difference in trial balance.
(a) Credit sales to Mohan ₹ 7,000 were posted to Karan as ₹ 5,000.
(b) Credit purchases from Rohan ₹ 9,000 were posted to the debit of Gobind as ₹ 10,000.
(c) Goods returned to Rakesh ₹ 4,000 were posted to the credit of Naresh as ₹ 3,000.
(d) Goods returned from Mahesh ₹ 1,000 were posted to the debit of Manish as ₹ 2,000.
(e) Cash sales ₹ 2,000 were posted to commission account as ₹ 200.

Answer 1

Journal
S.No.	Particulars	L.F.	Debit Amount ₹	Credit Amount ₹
(a)	Mohan Dr.		7,000
	To Karan			5,000
	To Suspense A/c			2,000
	(Goods sold to Mohan ₹ 7,000 posted wrongly to Karan's Account as ₹ 5,000, now rectified)
(b)	Suspense A/c Dr.		19,000
	To Rohan			9,000
	To Gobind			10,000
	(Goods returned from Rohan ₹ 9,000 posted wrongly to Gobind's Account as ₹ 10,000, now rectified)
(c)	Rakesh Dr.		4,000
	Naresh Dr.		3,000
	To Suspense A/c			7,000
	(Goods returned to Rakesh ₹ 4,000 posted wrongly to Naresh's Account ₹ 3,000, now rectified)
(d)	Suspense A/c Dr.		3,000
	To Mahesh		1,000
	To Manish			2,000
	(Goods returned from Mahesh ₹ 1,000 posted wrongly to Manish's Account as ₹ 2,000, now rectified)
(e)	Commission A/c Dr.		200
	Suspense A/c Dr.		1,800
	To Sales A/c			2,000
	(Cash sales ₹ 2,000 posted wrongly to the Commission Account as ₹ 200, now rectified)

 

Dr.	Suspense Account						Cr.
S.No.	Particulars	J.F.	Amount ₹	S.No.	Particulars	J.F.	Amount ₹
(b)	Rohan		9,000	(a)	Mohan		2,000
	Gobind		10,000	(c)	Rakesh		4,000
(d)	Mahesh		1,000		Naresh		3,000
	Manish		2,000
(e)	Sales		1,800		Balance c/d		14,800
			23,800				23,800