Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans Rajesh Kumar was unable to reconcile his Trial Balance as on 31st March 2024 and has opened a suspense account from the difference. Later on the following errors were discovered 31 viewsAnurag Pathak Answered question 12 hours agoDk Rectification of Errors 0 Votes 1 Ans There was an error in the Trial Balance of Mr. Steel on 31st March, 2024, and the difference in Books was carried to a Suspense Account. On going through the Books you find that: 38 viewsAnurag Pathak Answered question 12 hours agoDk Rectification of Errors 0 Votes 1 Ans Trial Balance of Madan did not agree and he put the difference to Suspense Account. He discovered the following errors: 25 viewsAnurag Pathak Answered question 12 hours agoDk Rectification of Errors 0 Votes 1 Ans Trial Balance of Anuj did not agree. It showed an excess credit of ₹ 6,000. He put the difference to Suspense Account. He discovered the following errors. 23 viewsAnurag Pathak Answered question 12 hours agoDk Rectification of Errors 0 Votes 1 Ans The accountant of X prepared the Trial Balance at the end of the year on 31st March, 2024. But there was a difference and the accountant put the difference in a Suspense Account. Rectify the following errors found and prepare the Suspense Account: 23 viewsAnurag Pathak Answered question 12 hours agoDk Rectification of Errors 0 Votes 1 Ans A book-keeper finds that the debit side of the trial balance is short of ₹ 308 and so far the time being, he balances the side by putting the difference to suspense account. Subsequently, the following errors were disclosed 24 viewsAnurag Pathak Answered question 12 hours agoDk Rectification of Errors 0 Votes 1 Ans The Trial Balance prepared by a Book-Keeper showed a difference of ₹ 1,006 which was placed in a newly opened Suspense Account and carried forward to the next year, when the following errors were discovered 26 viewsAnurag Pathak Answered question 12 hours agoDk Rectification of Errors 0 Votes 1 Ans A Book-keeper failed to balance his trial balance, the credit side exceeding the debit side by ₹ 175. This amount was entered in a Suspense Account. Later on the under mentioned errors were discovered 23 viewsAnurag Pathak Answered question 12 hours agoDk Rectification of Errors 0 Votes 1 Ans In taking out the Trial Balance, book-keeper finds that he is out ₹ 3,809 excess debit. Being desirous of closing his books he places the difference to a newly opened Suspense A/c which is carried forward. In the next period he discovered that 25 viewsAnurag Pathak Answered question 12 hours agoDk Rectification of Errors 0 Votes 1 Ans There was a difference of ₹ 430 in a Trial Balance. It was placed on the Debit side of a Suspense A/c. Later on the following errors were discovered. Pass rectifying entries and prepare Suspense A/c 35 viewsAnurag Pathak Answered question 12 hours agoDk Rectification of Errors 0 Votes 1 Ans Rectify the following errors assuming that Suspense Account was opened. Ascertain the difference in Trial Balance. 31 viewsAnurag Pathak Answered question 12 hours agoDk Rectification of Errors 0 Votes 1 Ans Rectify the following errors assuming: that no suspense account has been opened with difference in the trial balance. 39 viewsAnurag Pathak Changed status to publish 12 hours agoDk Rectification of Errors 0 Votes 1 Ans Rectify the following errors which were detected before preparing the Trial Balance: Purchase book has been overcast by ₹ 1,000. 25 viewsAnurag Pathak Changed status to publish 13 hours agoDk Rectification of Errors 0 Votes 1 Ans Rectify the following errors which were detected before preparing the Trial Balance: The total of Sales Book carried forward ₹ 5,000 less. 32 viewsAnurag Pathak Changed status to publish 13 hours agoDk Rectification of Errors 0 Votes 1 Ans Pass rectifying entries: ₹ 5,000, being the cost of a Radio purchased for the personal use of the proprietor has been debited to Radio account in the ledger. 34 viewsAnurag Pathak Answered question 13 hours agoDk Rectification of Errors 0 Votes 1 Ans Rectify the following errors: ₹ 4,500 spent on the extension of Buildings were debited to Repairs A/c. 33 viewsAnurag Pathak Answered question 13 hours agoDk Rectification of Errors 0 Votes 1 Ans Pass Journal Entries to rectify the following errors: Machinery purchased for ₹ 5,000 has been debited to Purchases A/c. 23 viewsAnurag Pathak Answered question 13 hours agoDk Rectification of Errors 0 Votes 1 Ans Rectify the following errors: Furniture purchased for ₹ 10,000 wrongly debited to Purchases Account 31 viewsAnurag Pathak Answered question 13 hours agoDk Rectification of Errors 0 Votes 1 Ans Rectify the following errors: A sale of goods to Ramakant for ₹ 10,000 was passed through the Purchases Book. 29 viewsAnurag Pathak Answered question 13 hours agoDk Rectification of Errors 0 Votes 1 Ans Give Journal Entries to rectify the following errors: Goods purchased from Meena for ₹ 13,000 were recorded in Sales Book by mistake. 24 viewsAnurag Pathak Answered question 13 hours agoDk Rectification of Errors 0 Votes 1 Ans Rectify the following errors: Sold old furniture to A for ₹ 11,500 was passed through the Sales Book. 32 viewsAnurag Pathak Answered question 13 hours agoDk Rectification of Errors 0 Votes 1 Ans Rectify the following errors: Goods for ₹ 11,000 were purchased from Sheila Garments on credit, but not entry has yet been passed. 32 viewsAnurag Pathak Answered question 13 hours agoDk Rectification of Errors 0 Votes 1 Ans Give rectifying entries for the following: A credit sales of goods to Ram ₹ 25,000 has been wrongly passed through the ‘Purchases Book’. 27 viewsAnurag Pathak Answered question 13 hours agoDk Rectification of Errors 0 Votes 1 Ans Rectify the following errors: Credit Sales to Mridula ₹ 50,000 were recorded as ₹ 54,000 29 viewsAnurag Pathak Answered question 13 hours agoDk Rectification of Errors 0 Votes 1 Ans Rectify the following errors: Credit sales to Mridula ₹ 50,000 were recorded as ₹ 5,000. 34 viewsAnurag Pathak Answered question 13 hours agoDk Rectification of Errors 1 2 … 183 184 Question and answer is powered by anspress.net
