show the suspence account

SUNNY (STUDENT CS) (377 Points)

24 February 2010  

an accountant prepared the trial balance as on 31 st march 2009.

he put the diffrence in a newly opened suspense account .thereafter the follwing error are detected?

 

1)  purchase for rs  680 was written in sales day book bur posted to correct side of the party's account

2) salary account total rs. 15000   was carried over to the next page as rs 1000 on wrong side

3)  INTEREST  OD OVERDRAFT  RS 500 WAS NOT POSTED TO THE INTEREST ACCOUNT FROM THE CASH BOOK

4) OLD DUES RECEIVED FROM A PARTY 1000 WHICH WAS WRITTEN OFF BAD DEBTS WAS CREDITED TO THE PARTY'S ACCOUNT

5)  GOODS PURCHASED FROM XAVIER FOR RS 580 HAS BEEN POSTED TO THE DEBIT OF HIS ACCOUNT OF RS 850.

6) FURNITURE  SOLD FOR RS 2000 WAS ENTERED IN SALES DAY BOOK

7)  FURNITURE PURCHASED FOR RS 1500 WAS ENTERED IN PURCHASE DAY BOOK

 

 

PASS NECEESARY RECTIFICATION ENTRIES AND SHOW THE SUSPENSE ACCOUNT