28. 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
- Goods purchased from Ram ₹700 was passed through sales book.
- Returned goods to Shyam ₹1,500 was passed through returns inward book.
- An Item of ₹450 relating to prepaid rent account was omitted to be brought forward.
- An item of ₹120 in respect of purchase returns, instead of being recorded in Returns outward book has been wrongly entered in the purchase book and posted therefrom to the debit of Personal A/c.
- Amount payable to Subhash for repairs done to radio ₹180 and a new radio supplied for ₹1,920, were entered in the Purchase book as ₹2,000.
Give full narrations for rectifying journal entries. Which of the above errors affected the agreement of Trial Balance?
D.K.Goel/2024 Edition/Practical Questions/Q-28
For full question, please refer to the text book Accountancy Class-XI by Mr. D.K.Goel published by Avichal Publishing Company
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