Question - 28

Rectify the following errors assuming that a suspense account was poened ascertain the difference in trial balance.
  1. Credit sales to Mohan Rs. 7,000 were posted to the credit of his account.
  2. Credit purchases from Rohan Rs. 9,000 were posted to the debit of his account as Rs. 6,000.
  3. Goods returned to Rakesh Rs. 4,000 were posted to the credit of his account .
  4. Goods returned from Mahesh Rs. 1,000 were posted to the debit of his account as Rs. 2,000.
  5. Cash sales Rs. 2,000 were posted to the debit of sales account as Rs. 5,000.