Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans A bookkeeper extracted the following Trial Balance as at 31st March, 2025: Stock on 1.4.2024 ₹ 2,50,000 70 viewsAnurag Pathak Answered question 20 hours agoDk Goel Trial Balance 0 Votes 1 Ans The following is the Trial Balance prepared by an inexperienced accountant. Redraft it in a correct form and give necessary notes: 71 viewsAnurag Pathak Changed status to publish 20 hours agoDk Goel Trial Balance 0 Votes 1 Ans Following is the Trial Balance as at 31st March, 2015: Capital ₹ 3,20,000 Fixed Assets ₹ 1,80,000 34 viewsAnurag Pathak Answered question 20 hours agoDk Goel Trial Balance 0 Votes 1 Ans The following trial balance has been prepared by an inexperienced accountant. Redraft it in a correct form 67 viewsAnurag Pathak Answered question 20 hours agoDk Goel Trial Balance 0 Votes 1 Ans From the following ledger balances prepare trial balance: Capital ₹ 20,800, Rent outstanding ₹ 1,420, Amount due to Param, ₹ 15,000 57 viewsAnurag Pathak Changed status to publish 20 hours agoDk Goel Trial Balance 0 Votes 1 Ans Following balances were extracted from the books of Ravinder Associates as at 31st March, 2023: Sundry Debtors ₹ 4,10,000 34 viewsAnurag Pathak Answered question 20 hours agoDk Goel Trial Balance 0 Votes 1 Ans Prepare a Trial Balance from the following balances taken as at 31st March 2023 Capital ₹ 2,50,000 41 viewsAnurag Pathak Changed status to publish 21 hours agoDk Goel Trial Balance 0 Votes 1 Ans Prepare a Trial Balance from the following balances as at 31st March 2023 Stock on 1-4-2022 28,800 48 viewsAnurag Pathak Answered question 21 hours agoDk Rectification of Errors 0 Votes 1 Ans From the following balances, taken from the books of M/s Dwarka Prashad & sons as at 31st March 2023, prepare a Trial Balance is proper form:- 66 viewsAnurag Pathak Answered question 21 hours agoDk Rectification of Errors 0 Votes 1 Ans Given below is a Cash Book and Ledger extracts relating to the books of M/s Ram Chander & Sons as at 31st January 2025. You are required to prepare a Trial Balance. 35 viewsAnurag Pathak Answered question 21 hours agoDk Rectification of Errors 0 Votes 1 Ans Rectify the following errors: Sales return book is undercasted by ₹ 1,000. 44 viewsAnurag Pathak Answered question 21 hours agoDk Rectification of Errors 0 Votes 1 Ans Rectify the following errors: Credit purchase from Varun ₹ 8,000 was recorded as ₹ 8,800. 45 viewsAnurag Pathak Answered question 21 hours agoDk Rectification of Errors 0 Votes 1 Ans Pass journal entries to rectify the following errors using suspense account where necessary: Goods of the value of ₹ 2,000 returned by Mr. Gupta were entered in the Sales Book and posted therefrom to the credit of his account. 34 viewsAnurag Pathak Answered question 21 hours agoDk Rectification of Errors 0 Votes 1 Ans Pass necessary journal entries to rectify the following errors: Sales Return book overcast ₹ 1,000. 33 viewsAnurag Pathak Answered question 21 hours agoDk Rectification of Errors 0 Votes 1 Ans Pass Journal Entries to rectify the following errors: ₹ 17,000 paid in cash for purchase of a Typewriter was charged to office expenses account 45 viewsAnurag Pathak Answered question 21 hours agoDk Rectification of Errors 0 Votes 1 Ans Pass journal entries to rectify the following errors in the books of Manish which were located after preparation of Trial Balance: 34 viewsAnurag Pathak Answered question 21 hours agoDk Rectification of Errors 0 Votes 1 Ans Rectify the following errors found in the books of Mr. Aryan by passing entries: The purchase of ₹ 610 from Kabir was entered into sales book but Kabir’s personal account was rightly credited. 46 viewsAnurag Pathak Answered question 21 hours agoDk Rectification of Errors 0 Votes 1 Ans Rectify the following errors found in the books of Mr. Suhail by passing entries: One item of purchase of ₹ 250 has been posted from the purchases book to the ledger as ₹ 350. 69 viewsAnurag Pathak Answered question 21 hours agoDk Rectification of Errors 0 Votes 1 Ans Pass journal entries to rectify the following errors detected during preparation of Trial Balance: (i) Purchases book is undercast by ₹ 1,000. 46 viewsAnurag Pathak Answered question 21 hours agoDk Rectification of Errors 0 Votes 1 Ans Rectify the following errors: ₹ 500 paid for the purchases of Radio set for the proprietor debited to General expenses account. 49 viewsAnurag Pathak Answered question 21 hours agoDk Rectification of Errors 0 Votes 1 Ans Pass Journal entries to rectify the following errors which were located after preparing the Trial Balance: The Sales Book was overcast by ₹ 500. 53 viewsAnurag Pathak Answered question 21 hours agoDk Rectification of Errors 0 Votes 1 Ans Rectify the following errors by passing Journal entries: Old furniture sold for ₹ 500 has been credited to Sales Account. 34 viewsAnurag Pathak Answered question 21 hours agoDk Rectification of Errors 0 Votes 1 Ans The books of Ramesh did not agree. The difference of ₹ 12,700 in trial balance was placed to the debit of suspense account. Subsequently, the following errors were located. Pass journal entries to rectify the errors and prepare the suspense account: 58 viewsAnurag Pathak Answered question 21 hours agoDk Rectification of Errors 0 Votes 1 Ans Pass Journal entries to rectify the following errors. The trial balance had ₹ 1,260 excess credit. The difference has been posted to a suspense account: 35 viewsAnurag Pathak Answered question 22 hours agoDk Rectification of Errors 0 Votes 1 Ans During the course of an accounting year, an Accountant found a difference in the trial balance. He puts this difference in a newly opened suspense account. Subsequently, he located the following errors in his books of account: 30 viewsAnurag Pathak Answered question 22 hours agoDk Rectification of Errors 1 2 … 184 185 Question and answer is powered by anspress.net
