Question: Rectify the following errors and ascertain the amount of difference in trial balance by preparing suspense account : (a) Credit sales to Mohan Rs. 7,000

Rectify the following errors and ascertain the amount of difference in trial balance by preparing suspense account :

(a) Credit sales to Mohan Rs. 7,000 were posted as Rs. 9,000.

(b) Credit purchases from Rohan Rs. 9,000 were posted as Rs. 6,000.

(c) Goods returned to Rakesh Rs. 4,000 were posted as Rs. 5,000.

(d) Goods returned from Mahesh Rs. 1,000 were posted as Rs. 3,000.

(e) Cash sales Rs. 2,000 were posted as Rs. 200.

(Ans : Difference in trial balance Rs. 5,800 excess debit.)

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