Question

Rectify the following errors and ascertain the amount of difference in trial balance by preparing suspense account:
(a) Credit sales to Mohan ₹ 7,000 were posted as ₹ 9,000.
(b) Credit purchases from Rohan ₹ 9,000 were posted as ₹ 6,000.
(c) Goods returned to Rakesh ₹ 4,000 were posted as ₹ 5,000.
(d) Goods returned from Mahesh ₹ 1,000 were posted as ₹ 3,000.
(e) Cash sales ₹ 2,000 were posted as ₹ 200.

Answer 1

Journal
S.No.	Particulars	L.F.	Debit Amount ₹	Credit Amount ₹
(a)	Suspense A/c Dr.		2,000
	To Mohan			2,000
	(Sold goods to Mohan ₹ 7,000 wrongly posted as ₹ 9,000, now rectified)
(b)	Suspense A/c Dr.		3,000
	To Rohan			3,000
	(Purchased goods from Rohan ₹ 9,000 wrongly posted as ₹ 6,000, now rectified)
(c)	Suspense A/c Dr.		1,000
	To Rakesh			1,000
	(Goods returned to Rakesh Rs ₹ 4,000 wrongly posted as ₹ 5,000. now rectified)
(d)	Mahesh Dr.		2,000
	To Suspense A/c			2,000
	(Goods returned from Mahesh ₹ 1,000 wrongly posted as ₹ 3,000, now rectified)
(e)	Suspense A/c Dr.		1,800
	To Sales A/c			1,800
	(Goods sold for cash Rs 2,000 wrongly posted as ₹ 200, now rectified)

 

Dr.	Suspense Account						Cr.
S.No.	Particulars	J.F.	Amount ₹	S. No.	Particulars	J.F.	Amount ₹
(a)	Mohan		2,000	(d)	Mahesh		2,000
(b)	Rohan		3,000
(c)	Rakesh		1,000
(e)	Sales		1,800		Balance c/d		5,800
			7,800				7,800

Note:

In order to match answer with that of the answer given in the book it has been assumed that all the errors mentioned in this question are errors of partial omission.