The Total solution for NCERT class 6-12
Journal Recordings to rectify the errors
Date
Particulars
L.F
Debit Amount ₹
Credit Amount ₹
i.
Marketing A/c Dr.
5,000
To Purchases A/c
(Goods distributed as free sample, Error rectification recording, was not recorded earlier)
ii.
Drawings A/c Dr.
2,000
(Goods withdrawn for personal use by the proprietor, Error rectification recording, was not recorded earlier)
iii.
Suspense A/c Dr.
6,000
To Debtors A/c
(Bills receivable received from the debtor, Error rectification recording, was not posted to the debtors account)
iv.
Returns Inward A/c Dr.
1,200
Returns Outward A/c Dr.
To Suspense A/c
(Total of returns inwards book, Error rectification recording, was posted to returns outwards account)
2,400
v.
Discount allowed A/c Dr.
630
To Reema’s A/c
(Discount allowed on receiving cash, Error rectification recording, was wrongly recorded earlier as ₹ 70 instead of ₹ 700)
Suspense Account
Dr.
Cr.
J.F.
Amount ₹
By Returns Inward A/c
By Returns Outward A/c
By Balance c/d
3,600
Total
Hence, the differencein trial balance is ₹3,600 excess debit.