Rectify the following errors assuming that suspense account was opened. Ascertain the difference
Channel: Doubtnut
Date: 02/11/2021

Rectify the following errors assuming that suspense account was opened. Ascertain the difference in trial balance.   (a) Depreciation provided on machinery  4,000 was not posted to Depreciation account.  (b) Bad debts written-off  5,000 were not posted to Debtors account.   (c) Discount allowed to a debtor  100 on receiving cash from him was not posted to discount allowed account.