Ask question Search Order By: ActiveCategoryClear Filter 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: 378 viewsAnurag Pathak Answered question January 13, 2026Dk 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 355 viewsAnurag Pathak Answered question January 13, 2026Dk 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 395 viewsAnurag Pathak Answered question January 13, 2026Dk 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 359 viewsAnurag Pathak Answered question January 13, 2026Dk 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 349 viewsAnurag Pathak Answered question January 13, 2026Dk 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 450 viewsAnurag Pathak Answered question January 13, 2026Dk Rectification of Errors 0 Votes 1 Ans Rectify the following errors assuming that Suspense Account was opened. Ascertain the difference in Trial Balance. 352 viewsAnurag Pathak Answered question January 13, 2026Dk 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. 357 viewsAnurag Pathak Changed status to publish January 13, 2026Dk 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. 388 viewsAnurag Pathak Changed status to publish January 13, 2026Dk 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. 345 viewsAnurag Pathak Changed status to publish January 13, 2026Dk 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. 356 viewsAnurag Pathak Answered question January 13, 2026Dk 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. 329 viewsAnurag Pathak Answered question January 13, 2026Dk 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. 323 viewsAnurag Pathak Answered question January 13, 2026Dk Rectification of Errors 0 Votes 1 Ans Rectify the following errors: Furniture purchased for ₹ 10,000 wrongly debited to Purchases Account 302 viewsAnurag Pathak Answered question January 13, 2026Dk 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. 313 viewsAnurag Pathak Answered question January 13, 2026Dk 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. 353 viewsAnurag Pathak Answered question January 13, 2026Dk 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. 361 viewsAnurag Pathak Answered question January 13, 2026Dk 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. 350 viewsAnurag Pathak Answered question January 13, 2026Dk 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’. 360 viewsAnurag Pathak Answered question January 13, 2026Dk Rectification of Errors 0 Votes 1 Ans Rectify the following errors: Credit Sales to Mridula ₹ 50,000 were recorded as ₹ 54,000 290 viewsAnurag Pathak Answered question January 13, 2026Dk Rectification of Errors 0 Votes 1 Ans Rectify the following errors: Credit sales to Mridula ₹ 50,000 were recorded as ₹ 5,000. 318 viewsAnurag Pathak Answered question January 13, 2026Dk Rectification of Errors 0 Votes 1 Ans Rectify the following errors: Credit Sales to Mridula ₹ 50,000 were not recorded. 262 viewsAnurag Pathak Answered question January 13, 2026Dk Rectification of Errors 0 Votes 1 Ans From the following particulars make out the Bank Reconciliation Statement as on 31st December 2024. Pass book showed a credit balance of ₹ 15,000 on 31st December 2024. 401 viewsAnurag Pathak Changed status to publish January 10, 2026Dk Goel BRS 0 Votes 1 Ans On 31st December, 2024, pass book shows debit balance of ₹ 7,500. From the following particulars, preapre a Bank Reconciliation Statement: 399 viewsAnurag Pathak Answered question January 10, 2026Dk Goel BRS 0 Votes 1 Ans On 30th June, 2024, the pass book of Nataraj showed a bank overdraft of ₹ 46,000. The following additional information is available. You are required to prepare a bank reconciliation statement as on the above mentioned date: 372 viewsAnurag Pathak Answered question January 10, 2026Dk Goel BRS « Previous 1 2 3 4 5 6 7 … 186 187 Next » Question and answer is powered by anspress.net
