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

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:-

(1) Goods amounting to ₹ 620 sold to D & Co. were correctly entered in the Sales book, but posted to the Company’s A/c as ₹ 260.

(2) A credit balance of ₹ 755 of Rent Received account was shown as ₹ 570.

(3) The total of Returns Outwards Book amounting to ₹ 200 was not posted to the Ledger.

(4) Goods worth ₹ 100 were purchased from Prakash but the amount was entered in the Sales Book. The account of Prakash was correctly credited.

(5) Sales Book was undercast by ₹ 100.

(6) The total of the credit side of Sohan’s account was overcast by ₹ 100.

Give journal entries to rectify these errors and prepare the Suspense Account.

[Ans. Total of Suspense A/c ₹ 660.]