Rectification of Single Sided Errors after Trial Balance - 10 Cases
If discovered after Trial Balance:
- In the sales book total of page no. 6 was carried forward to page 7 as ₹ 1,000 instead of ₹ 1,200 and total of page 8 was c/f to page 9 as ₹ 5,600 instead of ₹ 5,000.
Sales A/c Dr. 400
To Suspense A/c 400
- Credit purchases from T & Co. ₹ 5,000 were recorded through sales book. However, T & Co. were correctly credited.
Purchases A/c Dr. 5,000
Sales A/c Dr. 5,000
To Suspense A/c 10,000
- Furniture purchased for ₹ 5,000 was posted to purchase account as ₹ 500.
Furniture A/c Dr. 5,000
To Purchases A/c 500
To Suspense A/c 4,500
- Total of sales returns book ₹ 3,000 was not posted to the ledger.
Sales Return A/c Dr. 3,000
To Suspense A/c 3,000
- Cash received from Gobind, a debtor, ₹ 5,000 was posted to his account as ₹ 500.
Suspense A/c Dr. 4,500
To Gobind A/c 4,500
- Goods returned to Ramesh ₹ 700 were posted to his account as ₹ 70.
Ramesh’s A/c Dr. 630
To Suspense A/c 630
- Bill receivable from Harish ₹ 1,000 was dishonoured and wrongly debited to allowances account as ₹ 10,000.
Harish A/c Dr. 1,000
Suspense A/c Dr. 9,000
To Allowances A/c 10,000
- Cash received from Mannat ₹ 4,000 was posted to Manmeet as ₹ 1,000.
Manmeet A/c Dr. 1,000
Suspense A/c Dr. 3,000
To Mannat A/c 4,000
- Purchases book undercast by ₹ 1,000.
Purchases A/c Dr. 1,000
To Suspense A/c 1,000
- Repairs on machinery ₹ 1,600 wrongly debited to Machinery account as ₹ 1,000.
Repairs A/c Dr. 1,600
To Machinery A/c 1,000
To Suspense A/c 600
Rectification of Single Sided Errors after Trial Balance - 10 Cases