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Numerical Questions · Q8

Q.Rectify the following errors and ascertain the amount of difference in trial balance by preparing suspense account:

(a) Credit sales to Mohan ₹ 7,000 were not posted.
(b) Credit purchases from Rohan ₹ 9,000 were not posted.
(c) Goods returned to Rakesh ₹ 4,000 were not posted.
(d) Goods returned from Mahesh ₹ 1,000 were not posted.
(e) Cash paid to Ganesh ₹ 3,000 was not posted.
(f) Cash sales ₹ 2,000 were not posted.
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Each transaction had one leg not posted — a one-sided error — so each is rectified against the Suspense Account. The Suspense A/c then shows an opening debit balance of ₹2,000, which is the amount by which the trial balance did not agree (₹2,000 excess credit).

Concept & treatment. When one account's posting is omitted, the trial balance disagrees and a Suspense Account absorbs the difference. To rectify, we post the missing amount to the correct account and the contra to Suspense. Debit postings that were omitted (Mohan, Rakesh, Ganesh) are supplied by "Account Dr. To Suspense"; credit postings that were omitted (Rohan, Mahesh, Sales) are supplied by "Suspense Dr. To Account".

Rectifying journal entries

DateParticularsL.F.Debit (₹)Credit (₹)
(a)Mohan A/c Dr.7,000
  To Suspense A/c7,000
(b)Suspense A/c Dr.9,000
  To Rohan A/c9,000
(c)Rakesh A/c Dr.4,000
  To Suspense A/c4,000
(d)Suspense A/c Dr.1,000
  To Mahesh A/c1,000
(e)Ganesh A/c Dr.3,000
  To Suspense A/c3,000
(f)Suspense A/c Dr.2,000
  To Sales A/c2,000

Suspense Account

ParticularsAmount (₹)ParticularsAmount (₹)
To Rohan A/c9,000By Balance b/d (difference)2,000
To Mahesh A/c1,000By Mohan A/c7,000
To Sales A/c2,000By Rakesh A/c4,000
By Ganesh A/c3,000

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