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Answer

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:

Solution:-

Anurag Pathak
January 17, 2026

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:

Solution:-

Anurag Pathak
January 17, 2026

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:

Solution:-

Anurag Pathak
January 17, 2026

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:

Solution:-

Anurag Pathak
January 17, 2026

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