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

(A) that no suspense account has been opened with difference in the trial balance,

(B) 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.

D.K.Goel/2024 Edition/Practical Questions/Q-15

For full question, please refer to the text book Accountancy Class-XI by Mr. D.K.Goel published by Avichal Publishing Company

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