Rectification of Errors | Ts Grewal Questions 49-50-51 | Suspense Account | Class 11 | Chapter 17

Описание: Rectification of Errors | Ts Grewal Questions 49-50-51 | Suspense Account | Class 11 | Chapter 17

Question 49. Trial Balance of a bookkeeper shows an excess of debits over credits by rs 261. This difference is placed in a Suspense Account to facilitate books closure. Later on the following errors were discovered....

Question 50. Rectify the same errors found in the books of Bheem. Trial Balance had rs 930 excess credit. The difference has been posted to a suspense account...

Question 51. A proprietor of a firm while balancing his books finds difference in the Trial Balance. To avoid delay in the preparation of financial statements he places the difference to Suspense Account which he carries forward to the next year. In the next year following errors were identified....

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