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Trial Balance and Rectification of Errors — Account STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceAccountTrial Balance and Rectification of Errors6 Marks
Question
Rectify the following errors assuming that suspension account was opened. Ascertain the difference in trial balance.
  1. Furniture purchased for ₹ 10,000 wrongly debited to purchase account as ₹ 4,000.
  2. Machinery purchased on credit from Raman for ₹ 20,000 recorded through Purchases Book as ₹ 6,000.
  3. Repairs on machinery ₹ 1,400 debited to Machinery account as ₹ 2,400.
  4. Repairs on overhauling of second hand machinery purchased Rs. 2,000 was debited to Repairs account as ₹ 200.
  5. Sale of old machinery at book value ₹ 3,000 was credited to sales account as ₹ 5,000.
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2019   ₹
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