A Trial Balance disclosed a difference of Rs. 417 placed on the credit side of the Suspense Account.
Channel: Doubtnut
Date: 29/03/2020

A Trial Balance disclosed a difference of Rs. 417 placed on the credit side of the Suspense Account. Later on the following errors were located: (i) Goods worth Rs. 200 purchased from Sohan had been posted to his account as Rs. 250. (ii) A purchase of furniture for Rs. 500 was recorded in the Purchases Book. (iii) Instead of crediting Gian\'s Account with Rs. 512, it was debited with Rs. 215. (iv) Goods worth Rs. 130 returned by Gian were entered in the Sales Book and posted therefrom to the credit of Gian\'s Personal Account. Pass the rectifying entries and prepare a Suspense Account. [Total of Suspense Account-Rs. 727.]