Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans Rectify the following errors: ₹ 500 paid for the purchases of Radio set for the proprietor debited to General expenses account. 880 viewsAnurag Pathak Answered question January 17, 2026Dk 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. 767 viewsAnurag Pathak Answered question January 17, 2026Dk 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. 789 viewsAnurag Pathak Answered question January 17, 2026Dk 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: 855 viewsAnurag Pathak Answered question January 17, 2026Dk 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: 819 viewsAnurag Pathak Answered question January 17, 2026Dk 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: 826 viewsAnurag Pathak Answered question January 17, 2026Dk Rectification of Errors 0 Votes 1 Ans During the course of an accounting year, the accountant prepared a trial balance which did not tally. He put the difference in a suspense account. Subsequently, he located the following errors in his books of account: 820 viewsAnurag Pathak Answered question January 17, 2026Dk Rectification of Errors 0 Votes 1 Ans 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. 835 viewsAnurag Pathak Edited answer January 17, 2026Dk Rectification of Errors 0 Votes 1 Ans Rectify the following errors: The Sales Book has been totalled ₹ 1,000 short. 834 viewsAnurag Pathak Answered question January 15, 2026Dk Rectification of Errors 0 Votes 1 Ans Give rectifying journal entries for the following errors: Sale of goods to Madan ₹ 6,000 were entered in the Sales book as ₹ 600. 775 viewsAnurag Pathak Answered question January 15, 2026Dk Rectification of Errors 0 Votes 1 Ans 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: 918 viewsAnurag Pathak Answered question January 15, 2026Dk Rectification of Errors 0 Votes 1 Ans 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: 851 viewsAnurag Pathak Answered question January 15, 2026Dk Rectification of Errors 0 Votes 1 Ans 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 980 viewsAnurag Pathak Answered question January 15, 2026Dk Rectification of Errors 0 Votes 1 Ans 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 864 viewsAnurag Pathak Answered question January 15, 2026Dk Rectification of Errors 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 935 viewsAnurag Pathak Answered question January 13, 2026Dk 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: 902 viewsAnurag Pathak Answered question January 13, 2026Dk 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: 824 viewsAnurag Pathak Answered question January 13, 2026Dk 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. 876 viewsAnurag Pathak Answered question January 13, 2026Dk 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: 964 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 878 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 933 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 916 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 849 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 1.09K 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. 859 viewsAnurag Pathak Answered question January 13, 2026Dk Rectification of Errors « Previous 1 2 … 4 5 6 7 8 … 188 189 Next » Question and answer is powered by anspress.net
