Course Faculty: Dr. Nasteer sann Q1. Rectify the following accounting errors through Suspense Accoun
Course Faculty: Dr. Nasteer sann Q1. Rectify the following accounting errors through Suspense Account by making journal entries 1. Purchase of goods from Mohit for Rs2500 was entered in the Sales Book: however Mohit's Account was correctly credited. 2. Cash received from Anil a debtor Rs3200 was omitted to be posted to his account. 3. Sales Book was overcast by Rs1500 4. Cash of Rs4000 paid to Hanif was credited to Rafique A/c as Rs1400. 5. The total of Purchase Returns Book of Rs3150 was carried forward as Rs1530. 6. Namita was paid cash Rs6500 but Sumita was debited by Rs6000 correctly entered in the Cash Book but was