The book – keeper of a firm found that the trial balance was out by Rs. 922 (excess credit). He placed the amount in the suspense account and subsequently found the following errors:
(a) The total of discount column on the credit side of the cash book R 78 was not posted in the ledger.
(b) The total of purchases book was short by Rs. 1,000.
(c) A credit sale of goods to Natarajan for Rs. 375 was entered in the sales book as Rs. 735.
(d) A credit sale of goods to Mekala for Rs. 700 was entered in the purchases book. You are required to give rectification entries and prepare suspense account.
