Trial balance of Madan did not agree and he put the difference to suspense account. He discovered the following errors:
(a) Sales return book overcast by Rs. 800.
(b) Purchases return to Sahu Rs. 2,000 were not posted.
(c) Goods purchased on credit from Narula Rs. 4,000 though taken into stock, but no entry was passed in the books.
(d) Installation charges on new machinery purchased Rs. 500 were debited to sundry expenses account as Rs. 50.
(e) Rent paid for residential accommodation of madam (the proprietor) Rs. 1,400 was debited to rent account as Rs.1,000. Rectify the errors and prepare suspense account to ascertain the difference in trial balance.
