Question - 27

There was a difference in the Trial balance of sachin the debit side exceed the credit side by Rs. 16,300 which is transferred to the suspense account later on the following errors were however disclosed pass rectifying entries and prepare suspense account.
  1. Cash received from preeti Rs. 5,000 wsa entered in the debit side of Tripti's account as Rs. 6,000.
  2. Salary paid to an enployee Rs. 2,000 was entered in the debit side of his personal account as Rs. 1,200.
  3. Goods withdrew for personal use by the proprietor Rs. 1,000 was entered in the debit side of sales account as Rs. 1,600.
  4. Depreciation charged on machinery Rs. 3,000 but the entry of depreciation in machinery account was wrongly entered as Rs. 300.
  5. Old car sold for Rs. 10,000 but entered in credit side of sales account as Rs. 6,000.