S. No.

Particulars

Ref.#

Debit

Credit

Sale of $620 ware recorded as $260 in sale account.

Sale Suspense Account $360 $360

Discount received $600 was recoded in Discount allowed

Suspense Account Discount Received Discount Allowed $1,200 $600 $600

Purchase of $120 ware omitted.

purchase. Suspense Account $120 $120

Advertising expense of $8500 was recorded in vehicle maintaince account.

Advertising expense. Vehicle maintaince Account $8,500 $8,500

Payment for loading and unloading $600 was duplicated in expense account.
Suspense account Loading & unloading payment $600 $600

A error of $550 was notified in sale account.

Suspense account Sale $550 $550

Purchase of a machine for $5000 was recorded in maintaince account.

purchase _ Machine Maintaince account $5,000 $5,000

cash discount 2% on net invoice amount of $34500 was omitted.

Suspense account Discount Received $690 $690

Wages for Dec 2012 amounting $25000 were not accrued.

Wages Accrued liabilities_ Wages $25,000 $25,000

10

Suspense Account

e Account