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The total of debit and credit side of Mr. Raja Ram’s Trial balance as on 31st March, 2016 were Rs. 20,000 and Rs. 10,000 respectively. The difference was transferred to suspense A/c. On 4th April 2016, it was found that the total of sales book was carried forward as 5,000 instead of 4,000. The balance of suspense A/c after rectification of this error will be -
  • a)
    Rs. 11,000
  • b)
    Rs. 10,000
  • c)
    Rs. 9,000
  • d)
    Rs. 12,000
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
The total of debit and credit side of Mr. Raja Ram’s Trial balan...
Rectification of Error in Suspense A/c

Total of Trial Balance
- Debit Side: Rs. 20,000
- Credit Side: Rs. 10,000

Transfer to Suspense A/c: Rs. 10,000

Error Found in Sales Book
- Carried Forward as Rs. 5,000 instead of Rs. 4,000

Rectification of Error
- Decrease Sales Book by Rs. 1,000 (5,000 - 4,000)
- Increase Credit Side of Trial Balance by Rs. 1,000
- Suspense A/c = Debit Side - Credit Side
- Debit Side: Rs. 20,000
- Credit Side: Rs. 11,000 (10,000 + 1,000)
- Suspense A/c: Rs. 9,000

Correct Answer: (A) Rs. 11,000
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Community Answer
The total of debit and credit side of Mr. Raja Ram’s Trial balan...
The will be a suspense on credit side of Rs10000 and when we rectify the sales book we will debit sales account and credit sales suspense account hence another 1000 is added to credit side so it will become 11000
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The total of debit and credit side of Mr. Raja Ram’s Trial balance as on 31st March, 2016 were Rs. 20,000 and Rs. 10,000 respectively. The difference was transferred to suspense A/c. On 4th April 2016, it was found that the total of sales book was carried forward as 5,000 instead of 4,000. The balance of suspense A/c after rectification of this error will be -a)Rs. 11,000b)Rs. 10,000c)Rs. 9,000d)Rs. 12,000Correct answer is option 'A'. Can you explain this answer?
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