1.

Trialbalance of Kohli did not agree and showed an excess debit of Rs 16,300. He putthe difference to a suspense account and discovered the following errors: (a) Cash received from Rajat Rs 5,000 was posted to the debit of Kamal as Rs 6,000. (b) Salaries paid to an employee Rs 2,000 were debited to his personal account as Rs 1,200. (c) Goods withdrawn by proprietor for personal use Rs 1,000 were credited to sales account as Rs 1,600. (d) Depreciation provided on machinery Rs 3,000 was posted to Machinery account as Rs 300. (e) Sale of old car for Rs 10,000 was credited to sales account as Rs 6,000. Rectify the errors and prepare suspense account.

Answer»







Trial
balance of Kohli did not agree and showed an excess debit of Rs 16,300. He put
the difference to a suspense account and discovered the following errors:

























(a)



Cash
received from Rajat Rs 5,000 was posted to the debit of Kamal as Rs 6,000.



(b)



Salaries
paid to an employee Rs 2,000 were debited to his personal account as Rs 1,200.



(c)



Goods
withdrawn by proprietor for personal use Rs 1,000 were credited to sales
account as Rs 1,600.



(d)



Depreciation
provided on machinery Rs 3,000 was posted to Machinery account as Rs 300.



(e)



Sale
of old car for Rs 10,000 was credited to sales account as Rs 6,000. Rectify
the errors and prepare suspense account.










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