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Question 35 Chapter 10 – Unimax Publications of Class 11

Question 35 Chapter 10 – Unimax Publications of Class 11

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Question 35 Chapter 10 – Unimax Publications of Class 11

35 Trial balance of Raju showed exces debit of 10,000. He put the difference to suspense account and discovered the following errors.
(a) Depreciation written off the furniture ₹ 6,000 was not posted to furniture account.
(b) Credit sales to Rupam ₹ 10,000 were recorded as ₹ 7,000.
(c) Purchases book undercast by ₹ 2,000.
(d) Cash sales to Rana ₹ 5,000 were not posted.
(e) Old machinery sold for ₹ 7,000 was credited to sales account.
(f) Discount received ₹ 800 from Kanan on paying cash to him was not posted. Rectify the errors and prepare suspense account.

The solution of Question 35 Chapter 10 – Unimax Publications of Class 11

Journal

Date  ParticularsL.F.DebitCredit
      
a.Suspense A/cDr 6,000 
 To Furniture A/c   6,000
 (Being depreciation on furniture not posted to furniture a/c, now rectified)    
b.Rupam A/cDr  3,000 
 To Sales A/c   3,000
 (Being credit sales to Rupam recorded wrongly in books, now rectified)    
      
c.Purchases A/cDr 2,000 
 To Suspense A/c   2,000
 (Being purchases book undercasted, now rectified)    
      
d.Suspense A/cDr 5,000 
 To Sales A/c   5,000
 (Being cash sales noy posted, now rectified)    
      
e.Sales A/cDr 7,000 
 To Machinery A/c   7,000
 (Being machinery sold entered in sales a/c, now rectified)    
      
f.Kanan A/cDr 800 
 To Suspense A/c   800
 (Being discount received paying cash noy posted, now rectified)    
    23,80023,800

 

Dr.Suspense A/cCr.
DateParticulars
J.F.AmountDateParticulars
J.F.Amount
 To Furniture A/c 6,000 By Different in trial balance 10,000
 To Sales A/c 5,000 By Purchases A/c 2,000
 To Balance c/d 1,800 By Sales A/c 800
        
   12,800   12,800

 

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