Questions Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans Pass journal entries to rectify the following errors using suspense account where necessary: Goods of the value of ₹ 2,000 returned by Mr. Gupta were entered in the Sales Book and posted therefrom to the credit of his account. 1.05K viewsAnurag Pathak Answered question January 17, 2026Dk Rectification of Errors 0 Votes 1 Ans Pass necessary journal entries to rectify the following errors: Sales Return book overcast ₹ 1,000. 893 viewsAnurag Pathak Answered question January 17, 2026Dk Rectification of Errors 0 Votes 1 Ans Pass Journal Entries to rectify the following errors: ₹ 17,000 paid in cash for purchase of a Typewriter was charged to office expenses account 1.11K viewsAnurag Pathak Answered question January 17, 2026Dk Rectification of Errors 0 Votes 1 Ans Pass journal entries to rectify the following errors in the books of Manish which were located after preparation of Trial Balance: 848 viewsAnurag Pathak Answered question January 17, 2026Dk Rectification of Errors 0 Votes 1 Ans Rectify the following errors found in the books of Mr. Aryan by passing entries: The purchase of ₹ 610 from Kabir was entered into sales book but Kabir’s personal account was rightly credited. 823 viewsAnurag Pathak Answered question January 17, 2026Dk Rectification of Errors 0 Votes 1 Ans Rectify the following errors found in the books of Mr. Suhail by passing entries: One item of purchase of ₹ 250 has been posted from the purchases book to the ledger as ₹ 350. 809 viewsAnurag Pathak Answered question January 17, 2026Dk Rectification of Errors 0 Votes 1 Ans Pass journal entries to rectify the following errors detected during preparation of Trial Balance: (i) Purchases book is undercast by ₹ 1,000. 976 viewsAnurag Pathak Answered question January 17, 2026Dk Rectification of Errors 0 Votes 1 Ans Rectify the following errors: ₹ 500 paid for the purchases of Radio set for the proprietor debited to General expenses account. 932 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. 822 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. 847 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: 912 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: 875 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: 892 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: 885 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. 889 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. 884 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. 845 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: 972 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: 907 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 1.07K 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 928 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 1.01K 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: 977 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: 890 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. 927 viewsAnurag Pathak Answered question January 13, 2026Dk Rectification of Errors « Previous 1 2 … 5 6 7 8 9 … 188 189 Next » Search questions Search Questions Sahaj and Nimish entered into partnership on 1st April, 2025 without a partnership deed. They introduced capital of 5,00,000 and 3,00,000 respectively 1 Answer | 0 Votes Taran and Deep are partners sharing the profits and losses in the ratio of 2 : 3 with capitals of ₹ 3,00,000 and ₹ 2,00,000 respectively 1 Answer | 0 Votes Puneet and Sahil are partners sharing profits and losses equally. They had opening credit balance in their Loan Accounts of ₹ 9,00,000 each 1 Answer | 0 Votes Raman and Pawan are partners sharing profits and losses in the ratio of 3 : 2. Raman being a non-working partner contributes ₹ 50,00,000 as capital 1 Answer | 0 Votes Raman and Pawan are partners sharing profits and losses in the ratio of 2 : 3. 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