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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

The following error were located by the accountant before the preparation of trial balance. The total of the discount column of ₹ 1,100 on the debit side of the cash book was not yet posted. - Accountancy

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Question

The following error were located by the accountant before the preparation of trial balance. Rectify them.

The total of the discount column of ₹ 1,100 on the debit side of the cash book was not yet posted.

One Line Answer
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Solution

Particulars L.F. Dr. (₹) Cr. (₹)
Discount allowed A/c      Dr.
    To Suspense A/c
(Omission to post the total of discount allowed, not rectified)
  1,100 1,100
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Chapter 9: Rectification of Errors - Exercises [Page 199]

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Samacheer Kalvi Accountancy [English] Class 11 TN Board
Chapter 9 Rectification of Errors
Exercises | Q IV 5. (a) | Page 199
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