Page 1 : se Eas ___ RECTIFICATIgn OF, eae : book-keeper finds that he is :, i the Trial Balance, vat tit, Q: 16. i ae of closing his books he places the difference to . i), it. Bet, , ¢ which is carried forward. In the next period he discov, , 19.44, , excess debi, opened Suspense Al, , that :— ceived from X has not been posted to his account., , 1. 217,715 re ste, >. A sum of %9,500 written off as depreciation on fixtures has not be, ed to the Depreciation Alc., , sti :, 3, 150,000 paid for furniture purchased has been charged to Ordinary, , Purchases A/c., 4. A discount of 23,742 al, , %3,648., 5. The total of the Inwards return has been added 900 short., , 6. Anitem of Sale for 75,900 was posted as 9,500 in the Sales Account, Give the rectifying entries and prepare the Suspense Account., , [Ans. Total of Suspense Alc %17,809.], , Q. 17. A Book-keeper failed to balance his trial balance, the credit side exceeding, the debit side by £175. This amount was entered in a Suspense Account. Later on the, under mentioned errors were discovered :—, , 1. Goods amounting to 620 sold to D & Co. were correctly entered in the, Sales book, but posted to the Company’s A/c as %260., 2. A credit balance of 755 of Rent Received account was shown as %570., 3. The total of Returns Outwards Book amounting to ¥200 was not posted to, the Ledger., 4. Goods worth 7100 were purchased from Prakash but the amount was, entered in the Sales Book. The account of Prakash was correctly credited., 5. Sales Book was undercast by %100., Cusine aes ae aad account was overcast by 7100., [Ans. Total of Suspense A/c %660.] Sima St Prnse, Account, , Q. 18. The Trial Balan, 71,006 which w es, , llowed to a customer has been credited to him a, , , , aec TIFICATION, , [Ans- ¢, 21,791: Ite, Q. 19., , d so for, Zs nt. Si, , (a), , accow!, , (b), , (c, (d, , (e, , You, [An:, oO, 31st Ma, a Suspe, Account, , (, , Hi, A/e an, , and th, Books, , trans, Ace