Account 6 Marks Question

Pass journal entries to rectify the following errors. The trial balance had ₹ 1,260 excess credit. The difference has been posted to a suspense account:

1. The total of returns inwards book has been cast ₹ 2,000 short.
2. The purchase of an office table costing ₹ 6,000 has been passed through the purchases day book.
3. A sum of ₹ 7,500 paid to workman for wages for making showcases has been charged to wages account.
4. A purchase of ₹ 1,340 has been posted to the creditor's account as ₹ 600.
5. A cheque of ₹ 4,000 received from Y has been dishonoured; it has been posted to the debit of allowances account.

After passing journal entries, prepare the suspense account.

Give rectifying journal entries for the following errors:

1. Sale of goods to Madan ₹ 6,000 were entered in the sales book as ₹ 600.
2. A credit purchase of ₹ 1,500 from Ajay has been wrongly passed through the sales book.
3. Repairs to building ₹ 300 were debited to building account.
4. ₹ 2,050 paid to Rohit is posted to the debit of Mohit's account as ₹ 5,020.
5. Purchase return book is overcast by ₹ 400.

Rectify the following errors by means of Journal entries:

1. A cheque of ₹ 5,000 received from Ashish was dishonoured and was debited to Discount Account.
2. Purchase of ₹ 540 from Ramneek was written in Sales day book, but was correctly posted to correct side of Ramneek’s Account.
3. Salary paid to Miss Yugakshi ₹ 1,000 was debited to her personal account as ₹ 900.
4. Furniture costing ₹ 500, purchased from Jyoti, was wrongly entered in Purchase book as ₹ 450.

The books of Ramesh did not agree. The difference of ₹ 12,700 in trial balance was placed to the debit of suspense account. Subsequently, the following errors were located. Pass journal entries to rectify the errors and prepare the suspense account:

1. The total of the purchases returns book, ₹ 2,100 has not been posted.
2. A sale of ₹ 4,300 to Ram has been credited to his account as ₹ 3,400.
3. A purchase from Suresh for ₹ 4,000 has been entered in the sales book. However, Suresh has been correctly credited with ₹ 4,000.
4. Old furniture sold on credit for ₹ 5,400 has been recorded in the sales account as ₹ 4,500.
5. Goods taken away by Ramesh, the proprietor for his personal use worth ₹ 750 has not been recorded in the books of accounts at all.

During the course of an accounting year, an Accountant found a difference in the tiral balance. He puts this difference in a newly opened suspense account. Subsequently, he located the following errors in his books of account:

1. Goods purchased from Shiv for ₹ 10,000, but entered in sales book.
2. Received a bill receivable for ₹ 18,000 from Ganesh, but recorded in bills payable book.
3. An item of ₹ 4,000 in respect of purchases returns, wrongly debited to purchases account.
4. An item of ₹ 2,000 relating to pre-paid salary account omitted to be brought forward.
5. Paid ₹ 1,000 on account of repair of furniture, but wrongly debited to furniture account.

Pass journal entries to rectify the above mentioned errors and prepare suspense account assuming that no error remained undetected.

Rectify the following errors:-

1. A sale of goods to Raja Ram for ₹ 2,500 was passed through the Purchases Book.
2. Salary of ₹ 800 paid to Hari Babu was wrongly debited to his personal account.
3. Furniture purchased on credit from Mohan Singh for ₹ 1,000 was entered in the Purchases Book.
4. ₹ 5,000 spent on the extension of buildings was debited to Buildings Repairs Account.
5. Goods returned by Mani Ram ₹ 1,200 were entered in the Returns Outwards Book.

Rectify the following errors which were detected before preparing the Trial Balance:

1. Purchase book has been overcast by ₹ 1,000.
2. Purchase from Ram ₹ 20,000 has been omitted to be posted to his account.
3. Purchase from Shyam ₹ 15,000 has been posted to the debit side of his account.
4. Purchase from Ghanshyam ₹ 10,000 has been posted to his account as ₹ 1,000.
5. Purchase from Sita Ram ₹ 5,000 has been posted to his account as ₹ 50,000.

Trial Balance of Madan did not agree and he put the difference to Suspense Account. He discovered the following errors:

1. Sales Returns book overcast by ₹ 800.
2. Purchases returns to Sahu ₹ 2,000 were not posted to his account.
3. Goods purchased on credit from Narula ₹ 4,000 though taken into stock, but no entry was passed in the books.
4. Installation charges on new machinery purchased ₹ 500 were debited to sundry expenses account as ₹ 50.
5. Rent paid for residential accommodation of Madan (the proprietor) ₹ 1,400 was debited to Rent A/c as ₹ 1,000.

Rectify the errors and prepare Suspense Account to ascertain the difference in Trial Balance.

Rectify the following errors found in the books of Mr. Aryan by passing entries:

1. The purchase of ₹ 610 from Kabir was entered into sales book but Kabir's personal account was rightly credited.
2. Sale of old furniture of ₹ 2,500 was credited to sales account as ₹ 250.
3. An item of ₹ 500 relating to prepaid insurance account was omitted to be brought forward from the previous year's books.
4. ₹ 220 discount received from a creditor had been duly entered in his account but not posted to discount received account.

There was an error in the Trial Balance of Mr. Steel on 31st March, 2015, and the difference in Books was carried to a Suspense Account. On going through the Books you find that:

1. ₹ 5,400 received from Mr. A was posted to the debit of his account.
2. ₹ 1,000 being purchases return were posted to the debit of Purchases Account.
3. Discount received ₹ 2,000 was posted to the debit of Discount Account.
4. ₹ 2,740 paid for Repairs to Motor Car was debited to Motor Car Account as ₹ 1,740.
5. ₹ 4,000 paid to B was debited to A's Account.

Give Journal Entries to rectify the above errors and ascertain the amount transferred to Suspense Account on 31st March, 2015 by showing the Suspense Account, assuming that the Suspense Account is balanced after the above corrections.

Trial Balance of Anuj did not agree. It showed an excess credit of ₹ 6,000. He put the difference to Suspense Account. He discovered the following errors.

1. Cash received from Ravish ₹ 8,000 posted to his account as ₹ 6,000.
2. Returns Inwards book overcast by ₹ 1,000.
3. Total of Sales Book ₹ 10,000 was not posted to Sales Account.
4. Credit purchases from Nanak ₹ 7,000 were recorded in Sales Book. However, Nanak's Account was correctly credited.
5. Machinery purchased for ₹ 10,000 was posted to Purchases Account as ₹ 5,000.

Rectify the errors and prepare Suspense Account.

A book-keeper finds that the debit side of the trial balance is short of ₹ 308 and so for the time being, he balances the side by putting the difference to suspense account. Subsequently, the following errors were disclosed:

1. An entry for sale of goods for ₹ 102 to Madhav was posted to his account as ₹ 120.
2. ₹ 100 being the discount allowed to customers were credited to discount received account in the ledger.
3. ₹ 275 paid by Madhav were credited to Jadav's account.
4. ₹ 26 appearing in the cash book as paid for the purchase of stationery for office use have not been posted to ledger.
5. The debit side of purchases account was under-cast by ₹ 100.

You are required to make the necessary journal entries and the suspense account.

A Book-keeper finds that the totals of his trial balance disagree by ₹ 2,800. He temporarily debits a Suspense Account with this amount and closes the books. On an examination of the books, the following errors are discovered:-

1. The total of Purchase Return Book ₹ 710 was posted Twice.
2. Goods costing ₹ 800 were distributed as free samples but no entry was passed in the books.
3. Purchase of Machinery for ₹ 5,600 on credit was recorded in Purchase Book as ₹ 6,500.
4. Cash Sales to Ram Lal for ₹ 1,200 were recorded in Cash Book as well as in Sales Book and were posted from both.
5. Closing Stock has been overvalued by ₹ 1,500.
6. Sales Return Book was untotalled, though personal accounts were posted ₹ 1,580.
7. No entries have been made in the Cash Book for the Insurance Premium directly paid by bank ₹ 700 and interest charged on overdraft ₹ 320.
8. A sum of ₹ 200 for Drawings on the Credit Side of Cash Book was not posted to the Drawings account.

Pass entries to rectify the above errors. Close the Suspense Account already opened.

Fill up the missing information in the following rectifying entries:

Rectify the following errors which were detected before preparing the Trial Balance:

1. The total of Sales Book carried forward ₹ 5,000 less.
2. A credit sale to Sita ₹ 6,300 posted as ₹ 3,600.
3. A credit sale to Radha ₹ 2,400 posted as ₹ 4,200.
4. A credit sale to Parbati ₹ 3,000 credited to her account.
5. A credit sale to Laxmi ₹ 5,600 credited as ₹ 6,500.

Rectify the following errors assuming:-
That such a suspense account has been opened.

1. Goods costing ₹ 800 purchased from Sachin on credit were omitted to be credited to his account.
2. Goods costing ₹ 800 purchased from Sachin on credit were credited to his account as ₹ 80.
3. Goods costing ₹ 800 purchased from Sachin on credit were credited to his account as ₹ 880.
4. Goods costing ₹ 800 purchased from Sachin on credit were posted to the debit of his account.
5. Goods costing ₹ 800 purchased from Sachin on credit were posted to the debit of his account as ₹ 80.

During the course of an accounting year, the accountant prepared a trial balance which did not tally. He put the difference in a suspense account. Subsequently, he located the following errors in his books of account:

1. The total of the returns outwards book, ₹ 21,500 has not been posted.
2. A sale of ₹ 4,300 to Ramesh has been credited to him as ₹ 3,400.
3. A sale of ₹ 2,960 to Shyam has been recorded in sales book as ₹ 2,690.
4. Old furniture sold for cash worth ₹ 5,400 has been posted in sales account as ₹ 4,500. There was no profit or loss on sale.
5. Goods taken by proprietor worth ₹ 1,000 have not been recorded in the books of account at all.

Pass journal entries of rectify the above mentioned errors and prepare suspense account assuming no error has remained undetected.

The accountant of X prepared the Trial Balance at the end of the year on 31st March, 2015. But there was a difference and the accountant put the difference in a Suspense Account. Rectify the following errors found and prepare the Suspense Account:

1. The total of the returns outward book ₹ 420 has not been posted in the ledger.
2. A purchase of ₹ 350 from Y has been entered in the sales book. However Y's Account has been correctly entered.
3. A sale of ₹ 390 to Z has been credited to his account ₹ 290.
4. Old furniture sold for ₹ 5,400 had been posted as ₹ 4,500 in Sales Account.
5. Goods taken by the proprietor ₹ 500 have not been entered in the books at all.

Rectify the following errors:

1. Furniture purchased for ₹ 10,000 wrongly debited to Purchases Account.
2. Machinery purchased on credit from Raman for ₹ 20,000 was recorded through Purchases Book.
3. Repairs on machinery ₹ 1,400 debited to Machinery Account.
4. Repairs on overhauling of second hand machinery purchased ₹ 2,000 was debited to Repairs Account.
5. Sale of old machinery at book value of ₹ 3,000 was credited to Sales Account.

Rectify the following errors assuming:-
That no suspense account has been opened with difference in the trial balance.

A Trial Balance showed excess credit of ₹ 2,728, which were placed in a suspense account. Later on the following errors were located. Pass rectifying entries and prepare Suspense A/c.

1. ₹ 825, the total of purchase return book has been posted to the debit of sales return account.
2. Goods purchased from Suresh ₹ 1,800 recorded in Sales Book as ₹ 180.
3. An item of ₹ 328 written off as a bad debt from Ajay Sharma has not been debited to Bad Debts Account.
4. Goods purchased from X ₹ 3,500 and from Y ₹ 4,000, but were recorded in the purchase book as X ₹ 4,000 and Y ₹ 3,500.
5. Goods returned to Ramesh for ₹ 2,600 was correctly recorded in the return outward book but was wrongly posted to his account as ₹ 260.
6. A sum of ₹ 2,210 stolen by an ex-employee stand debited to Suspense A/c.
7. A sum of ₹ 500 written off as depreciation on Machinery, were not posted to Machinery account.

Rectify the following errors assuming that Suspense Account was opened. Ascertain the difference in Trial Balance.

1. Credit sales to Mohan ₹ 7,000 were recorded in Purchase Book. However, Mohan's Account was correctly debited.
2. Credit purchases from Rohan ₹ 9,000 were recorded in Sales Book. However, Rohan's Account was correctly credited.
3. Goods returned to Rakesh ₹ 4,000 were recorded in Sale Returns Book. However, Rakesh's Account was correctly debited.
4. Goods returned from Mahesh ₹ 1,000 were recorded through Purchase Returns Book. However, Mahesh's Account was correctly credited.
5. Goods returned to Naresh ₹ 2,000 were recorded through Purchases Book. However, Naresh's Account was correctly debited.

Rectify the following errors:-

1. ₹ 4,500 spent on the extension of Buildings were debited to Repairs A/c.
2. Wages paid to the firm's own workmen ₹ 3,600 for the installation of a new machinery were posted to Wages Account.
3. Contractor's bill for the construction of a godown at a cost of ₹ 10,000 has been charged to 'Repairs' A/c.
4. ₹ 1,500 paid as Wages to a worker 'Bahadur Singh', has been debited to his personal account.
5. Old furniture sold for ₹ 500 has been credited to Sales Account.
6. A cheque of ₹ 620 received from Ram, has been wrongly credited to Shyam.

Give Journal Entries to rectify the following errors:-

1. Goods purchased from Ajay for ₹ 2,600 were recorded in Sales Book by mistake.
2. Goods for ₹ 4,400 sold to Surendra was passed through Purchase Book.
3. A customer returned goods worth ₹ 1,000. It was recorded in 'Purchase Return Book'.
4. A credit sale of ₹ 126 to Rajesh was entered in the books as ₹ 162.
5. Sale of old chairs and Table for ₹ 700 was treated as sale of goods.
6. Rent of proprietor's residence, ₹ 800, debited to Rent A/c.

A Book-keeper failed to balance his trial balance, the credit side exceeding the debit side by ₹ 175. This amount was entered in a Suspense Account. Later on the under mentioned errors were discovered:

1. Goods amounting to ₹ 620 sold to D & Co. were correctly entered in the Sales book, but posted to the Company's A/c as ₹ 260.
2. A credit balance of ₹ 755 of Rent Received account was shown as ₹ 570.
3. The total of Returns Outwards Book amounting to ₹ 200 was not posted to the Ledger.
4. Goods worth ₹ 100 were purchased from Prakash but the amount was entered in the Sales Book. The account of Prakash was correctly credited.
5. Sales Book was undercast by ₹ 100.
6. The total of the credit side of Sohan's account was overcast by ₹ 100.

Give journal entries to rectify these errors and prepare the Suspense Account.

Rajesh Kumar was unable to reconcile his Trial Balance as on 31st March 2014 and has opened a suspense account from the difference. Later on the following errors were discovered:-

1. There were three compensating errors:-

1. The total of Sales Return Book was overcast by ₹ 100.
2. The total of one page of the Purchase Book was carried forward as ₹ 1,286 instead of ₹ 1,826.
3. Goods purchased from C for ₹ 400 was debited to his account as ₹ 40.

2. ₹ 425 paid for wages to workmen for making office table were debited to wages account.
3. Rent paid ₹ 1,500 were posted to the credit of Rent account as ₹ 150.
4. Cash received from Ghanshyam ₹ 500 were correctly recorded in cash book but were posted to his account as ₹ 50.
5. ₹ 720 paid to Kamal has been debited to Kamlesh A/c as ₹ 520.
6. The total of Purchase Return Book ₹ 2,500 was left unposted.

Pass rectifying entries and prepare Suspense A/c.

Fill up the missing information in the following rectifying entries:

There was a difference of ₹ 430 in a Trial Balance. It was placed on the Debit side of a Suspense A/c. Later on the following errors were discovered. Pass rectifying entries and prepare Suspense A/c.

1. Purchases book was overcast by ₹ 100.
2. Sales book was overcast by ₹ 1,000.
3. Goods for ₹ 800 purchased from Umakant, though entered in the purchase book, has not been posted to his account.
4. An amount of ₹ 500 has been posted to the credit side of commission account instead of ₹ 570.
5. Goods sold to Bharti for ₹ 4,400 has been posted to her account as ₹ 4,000.
6. Goods sold to X for ₹ 750 were recorded in purchase book.

Rectify the following errors:

1. Sold old furniture to A for ₹ 11,500 was passed through the Sales Book.
2. Credit purchases of ₹ 12,000 from Ojas omitted to be recorded in the books.
3. Repairs made were debited to Building Account ₹ 7,000.
4. Credit sale of ₹ 1,800 to Avikan was recorded as ₹ 8,100.
5. ₹ 6,000 paid for office furniture was debited to office expenses account.
6. A credit sale of goods of ₹ 15,000 to Ramesh has been wrongly passed through the purchases Book.

In taking out the Trial Balance, book-keeper finds that he is out ₹ 3,809 excess debit. Being desirous of closing his books he places the difference to a newly opened Suspense A/c which is carried forward. In the next period he discovered that :-

1. ₹ 17,715 received from X has not been posted to his account.
2. A sum of ₹ 9,500 written off as depreciation on fixtures has not been posted to the Depreciation A/c.
3. ₹ 1,50,000 paid for furniture purchased has been charged to Ordinary Purchases A/c.
4. A discount of ₹ 3,742 allowed to a customer has been credited to him as ₹ 3,648.
5. The total of the Inwards return has been added ₹ 900 short.
6. An item of Sale for ₹ 5,900 was posted as ₹ 9,500 in the Sales Account.

Give the rectifying entries and prepare the Suspense Account.

Rectify the following errors:-

1. Goods for ₹ 5,500 were purchased from Modern Traders on credit, but no entry has yet been passed.
2. Purchase Return for ₹ 1,500 not recorded in the books.
3. Goods for ₹ 2,000 sold to 'Geeta Traders' on Credit were entered in the sales book as ₹ 200 only.
4. Goods of the value of ₹ 1,800 returned by Sunil & Co. were included in stock, but no entry was passed in the books.
5. Goods purchased for ₹ 900, entered in the purchases book as ₹ 9,000.
6. An invoice for goods sold to X was overcast by ₹ 100.

Pass Journal Entries to rectify the following errors:-

1. Machinery purchased for ₹ 5,000 has been debited to Purchases A/c.
2. ₹ 700 paid to Sh. Mohan Kapoor as Legal Charges were debited to his personal account.
3. ₹ 10,000 paid to Escorts Company for Machinery purchased stand debited to Escorts Company account.
4. Typewriter purchased for ₹ 6,000 was wrongly passed through purchase book.
5. ₹ 20,000 paid for the purchase of a Motor Cycle for proprietor has been charged to 'General Expenses' A/c.
6. ₹ 15,000 paid for the purchase of 'Gas Engine' were debited to 'Purchases' A/c.
7. Cash paid to Ram ₹ 400 was debited to the account of Shyam.

Pass rectifying entries:-

1. ₹ 5,000 being the cost of a Radio purchased for the personal use of the proprietor has been debited to Radio account in the ledger.
2. Goods taken by the proprietor for ₹ 1,000, has not been entered in the books at all.
3. A cheque of ₹ 500 received from X was credited to the account of Y and debited to Cash instead of Bank A/c.
4. A cheque of ₹ 1,300 received from Ram Lal was dishonoured and debited to 'General Expenses' A/c.
5. A sum of ₹ 3,000 drawn by the proprietor for his private travel was debited to 'Travelling Expenses A/c'.
6. Credit purchase of ₹ 500 from Ajay were posted to the credit of Vijay A/c.
7. An amount of ₹ 1,600 due from Chandan Lal was written off as 'Bad-debt' in previous year, was unexpectedly received this year, and has been credited to the account of Chandan Lal.

The Trial Balance prepared by a Book-keeper showed a difference of ₹ 1,006 which was placed in a newly opened Suspense Account and carried forward to the next year, when the following errors were discovered:-

1. Goods purchased for ₹ 99 had been posted to the credit of the supplier as ₹ 990.
2. ₹ 75 received as discount from a creditor was duly entered in his account but it was omitted to be posted to discount account.
3. Sale of Furniture for ₹ 1,400 had been entered in sales book.
4. ₹ 900 due from a customer were omitted to be taken to the Schedule of sundry debtors.
5. Goods of the value of ₹ 3,000 returned by a customer were taken into the stock but no entry was made in the books.
6. ₹ 355 entered in the Sales Returns book had been posted to the debit of the customer who returned the goods.

Give necessary Journal entries to rectify the above errors and prepare suspense account.

A Book-keeper finds the difference in the Trial Balance amounting to ₹ 210 and puts it in the suspense account. Later on he detects the following errors. Rectify these and prepare the Suspense Account:-

1. Goods purchased from Ram ₹ 700 was passed through sales book.
2. Returned goods to Shyam ₹ 1,500 was passed through returns inward book.
3. An Item of ₹ 450 relating to prepaid rent account was omitted to be brought forward.
4. An Item of ₹ 120 in respect of purchase returns, instead of being recorded in Returns outward book has been wrongly entered in the purchase book and posted therefrom to the debit of Personal A/c.
5. Amount payable to Subhash for repairs done to radio ₹ 180 and a new radio supplied for ₹ 1,920, were entered in the Purchase book as ₹ 2,000.

Give full narrations for rectifying journal entries. Which of the above errors affected the agreement of Trial Balance?

In taking out a Trial Balance, an Accountant finds an excess debit of ₹ 1,098. Being desirous of closing his books, he places the difference to Suspense A/c. Later on he detects the following errors:-

1. Goods purchased from Surinder for ₹ 350 has been credited to his account as ₹ 530.
2. Goods sold to Dinesh for ₹ 800 have been debited to his account as ₹ 880.
3. A cheque of ₹ 1,250 received from a debtor had been correctly entered in the cash book but posted to his Personal A/c as ₹ 1,200.
4. ₹ 780, paid for freight on machinery purchased was debited to Freight Account as ₹ 708.
5. Goods to the value of ₹ 130 returned by a customer Navin Kumar had been posted to the debit of his account.
6. ₹ 1,440 paid for repairs to Motor Car were debited to Motor Car A/c as ₹ 1,400.
7. Total of purchase return book ₹ 500 was posted to the debit of Purchase A/c.

Give necessary rectifying entries and prepare suspense account.

Pass journal entries to rectify the following errors detected during preparation of Trial Balance:

1. Purchases book is undercast by ₹ 1,000.
2. Wages paid for construction of office debited to wages account ₹ 20,000.
3. A credit sale of goods ₹ 1,200 to Ramesh has been wrongly passed through the purchase book.
4. Goods purchased for ₹ 5,000 were posted as ₹ 500 to the purchases account.
5. An amount of ₹ 2,000 due from Mahesh Chand, which had been written off as a bad debt in a previous year was unexpectedly recovered and has been posted to the personal account of Mahesh Chand.
6. A credit purchase of ₹ 1,040 from Ramesh was passed in the books as ₹ 1,400.
7. Goods (Cost ₹ 5,000; Sales Price ₹ 6,000) distributed as free samples among prospective customers was not recorded anywhere.
8. Goods worth ₹ 1,500 returned by Green and Co. have not been recorded anywhere.

Rectify the following errors:-

1. ₹ 500 paid for the purchases of Radio set for the proprietor debited to General expenses account.
2. Goods sold to Ram for ₹ 300 have been entered in the purchase book. However the account of Ram stands correctly posted.
3. An amount of ₹ 50 paid to Kewal has been credited to the account of Kanwal.
4. A sum of ₹ 450 paid as rent has been debited to Landlord's personal account.
5. Wages paid for the month ₹ 300 was posted twice.
6. Sales return book was undercast by ₹ 10.
7. Goods for ₹ 100 have been returned by a customer. These have been taken into stock but no entry in respect thereof has been made in the books.
8. Repairs ₹ 500 debited to machinery account as ₹ 550.