There was a difference in the Trial Balance of M/s Jain & Sons, prepared for the year ended 31st March, 2009. The accountant put the difference in Suspense Account.
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Repairs to plant amounting to ₹ 2,000 had been charged to Plant and Machinery Account. ass the rectification entries for the following transactions:
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An amount of ₹ 2,000 received from Mohan on 1st April, 2023 had been entered in the Cash Book as having been received on 31st March, 2023.
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While trying to close his books for the year ended 31st March, 2014, Mahesh found that the Trial Balance did not agree. He traced the following errors:
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A sum of ₹ 470 received from Ganga was posted to her debit as ₹ 740. Rectify the following errors by passing Journal entries:
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Rectify the following errors: The total of one page of Sales Book was carried forward as ₹ 371 instead of ₹ 317.
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Give the Journal entries to rectify the following errors: Purchase book was overcasted by ₹ 1,000.
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Rectify the following errors: Sale of old furniture worth ₹ 3,000 treated as sales of goods.
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Wages paid for the construction of office debited to the Wages Account, ₹ 5,000 Rectify the following errors:
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A credit sale of good for ₹ 2,500 to Krishan has been wrongly passed through the Purchases Book
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