While checking the accounts of ABC the following discrepancies were noticed, even though the trial balance...

 

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While checking the accounts of ABC the following discrepancies were noticed, even though the trial balance was made to balance by putting the difference to suspense A/c. (a) Sales day book for the month of June 06 was found overcast by Rs. 7,000 (b) A credit purchase of Rs. 3, 000 was omitted to be recorded in the days book (c) Rs. 4,300 received from A credited A's Rs. 5,300 (d) Purchase of office equipment worth Rs. 5,000 included in trading purchases. From the details what would have been the difference in trial balance which was made to balance by opening suspense A/c. While checking the accounts of ABC the following discrepancies were noticed, even though the trial balance was made to balance by putting the difference to suspense A/c. (a) Sales day book for the month of June 06 was found overcast by Rs. 7,000 (b) A credit purchase of Rs. 3, 000 was omitted to be recorded in the days book (c) Rs. 4,300 received from A credited A's Rs. 5,300 (d) Purchase of office equipment worth Rs. 5,000 included in trading purchases. From the details what would have been the difference in trial balance which was made to balance by opening suspense A/c.

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Nol Particulars 1 sales ac To Suspense ... View the full answer