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Answer

Rectify the following errors by means of Journal entries: A cheque of ₹ 5,000 received from Ashish was dishonoured and was debited to Discount Account.

Solution:- Hint: In Item No. (iii) ₹ 1,000 will be Debited to Salary A/c; ₹ 900 will be credited to Miss Yugakshi and ₹ 100 will be credited to Suspense A

Anurag Pathak
January 17, 2026

Rectify the following errors: The Sales Book has been totalled ₹ 1,000 short.

Solution:-

Anurag Pathak
January 15, 2026

Give rectifying journal entries for the following errors: Sale of goods to Madan ₹ 6,000 were entered in the Sales book as ₹ 600.

Solution:-

Anurag Pathak
January 15, 2026

A Book-keeper finds that the totals of his trial balance disagree by ₹ 2,800. He temporarily debits a Suspense Account with this amount and closes the books. On an examination of the books, the following errors are discovered:

Solution:-

Anurag Pathak
January 15, 2026

In taking out a Trial Balance, an Accountant finds an excess debit of ₹ 1,098. Being desirous of closing his books, he places the difference to Suspense A/c. Later on he detects the following errors:

Solution:-

Anurag Pathak
January 15, 2026

A Book-Keeper finds the difference in the Trial Balance amounting to ₹ 210 and puts it in the suspense account. Later on he detects the following errors. Rectify these and prepare the Suspense Account

Solution:-

Anurag Pathak
January 15, 2026

A Trial Balance showed excess credit of ₹ 2,728, which were placed in a suspense account. Later on the following errors were located. Pass rectifying entries and prepare Suspense A/c

Solution:-

Anurag Pathak
January 15, 2026

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

Solution:-

Anurag Pathak
January 13, 2026

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:

Solutoin:-

Anurag Pathak
January 13, 2026

Trial Balance of Madan did not agree and he put the difference to Suspense Account. He discovered the following errors:

Solution:-

Anurag Pathak
January 13, 2026