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 3 viewsAnurag Pathak Answered question 4 minutes 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: 3 viewsAnurag Pathak Changed status to publish 6 minutes 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 3 viewsAnurag Pathak Answered question 8 minutes 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 3 viewsAnurag Pathak Answered question 12 minutes 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 5 viewsAnurag Pathak Changed status to publish 14 minutes 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 3 viewsAnurag Pathak Answered question 22 minutes 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 4 viewsAnurag Pathak Changed status to publish 24 minutes 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 8 viewsAnurag Pathak Answered question 29 minutes 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:- 8 viewsAnurag Pathak Answered question 32 minutes 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. 8 viewsAnurag Pathak Answered question 33 minutes agoDk Rectification of Errors 0 Votes 1 Ans Rectify the following errors: Sales return book is undercasted by ₹ 1,000. 8 viewsAnurag Pathak Answered question 1 hour agoDk Rectification of Errors 0 Votes 1 Ans Rectify the following errors: Credit purchase from Varun ₹ 8,000 was recorded as ₹ 8,800. 8 viewsAnurag Pathak Answered question 1 hour 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. 8 viewsAnurag Pathak Answered question 1 hour agoDk Rectification of Errors 0 Votes 1 Ans Pass necessary journal entries to rectify the following errors: Sales Return book overcast ₹ 1,000. 8 viewsAnurag Pathak Answered question 1 hour 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 8 viewsAnurag Pathak Answered question 1 hour 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: 8 viewsAnurag Pathak Answered question 1 hour 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. 8 viewsAnurag Pathak Answered question 1 hour 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. 8 viewsAnurag Pathak Answered question 1 hour 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. 8 viewsAnurag Pathak Answered question 1 hour 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. 8 viewsAnurag Pathak Answered question 1 hour 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. 8 viewsAnurag Pathak Answered question 1 hour 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. 8 viewsAnurag Pathak Answered question 1 hour 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: 8 viewsAnurag Pathak Answered question 1 hour 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: 8 viewsAnurag Pathak Answered question 1 hour 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: 8 viewsAnurag Pathak Answered question 1 hour agoDk Rectification of Errors 1 2 … 184 185 Question and answer is powered by anspress.net
