Difference to a newly opened suspense account

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In taking out a trial balance, a bookkeeper finds that he is out Rs 1600 excess debit. Being desirous of closing his books, heplaces the difference to a newly opened suspense account. In the next period he discovers the following discrepancies.

a) An item of sale for Rs. 11800 was posted to the sales a/cas Rs.19000.

b)The total of the sales returns book has been added Rs.200short.

c) An amount of Rs.7400 received from a customer has beencredited to his account as Rs.14600.

d) Rs.300000 paid for purchase building has been charged to theordinary purchase account.

e) A sum of Rs.19000 written off from building a/c asdepreciation has not posted to depreciation a/c.

f) An amount received from a debtor of Rs.19400 has been debtedto his account as Rs.15800.

Required: Given rectifying entries and prepares a suspense account.

Reference no: EM13257853

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