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Question No 30 Chapter No 16 - USHA Publication 11 Class

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Question No 30 Chapter No 16

Credit Balance in Suspense Account

30. Rectify the following errors in the books of Avadh Bihari:
(i) Purchase of goods form Raza Murad for Rs 25,000 plus 9% CGST and 9% SGST was recorded in the sales book. However, Raza Murad 's account is correctly posted__
(ii) Goods of the sales value 5,000 plus 9% CGST and 9% SGST were returned by Rajinder Prasad not recorded in the books.
(iii) Furniture purchased for 11,000 plus 6% CGST and 6% SGST from Shekh Ali not posted to his account.
(iv) Sale of goods for 14,000 plus 6% CGST and 6% SGST to Rukhsana was recorded"' without GST.
(v) Stationery purchased in cash for 7,000 plus 6% CGST and 6% SGST not posted.
(vi) Commission due but not received 12,000 was recorded without 6% CGST and 6% SGST. (vii) Output IGST 1,800 on sales debited to Output IGST Account.

The solution of Question No 30 Chapter No 16:-

Journal

Date	Particulars		Debit	Credit

(i)	Rukhsana A/c	Dr.	22,000
	Input CGST A/c	Dr.	2,250
	Input SGST A/c	Dr.	2,250
	To Suspense A/c			26,500
	(Being purchase not enter in the book now posted.)

	Suspense A/c	Dr.	26,500
	To Sale A/c			22,000
	To Output CGST A/c			2,250
	To Output SGST A/c			2,250
	(Being sale not enter in book now posted.)

(ii)	Sale Retune A/c	Dr.	5,000
	Output CGST A/c	Dr.	450
	Output SGST A/c	Dr.	450
	To Rajinder A/c			5,900
	(Being sale retune not recorded in book now recorded .)

(iii)	Suspense A/c	Dr.	12,320
	To Shekh Ali A/c			12,320
	(Being purchased furniture not posted to Shekh account corrected.)

(iv)	Purchases A/c	Dr.	1,680
	To Output CGST A/c			840
	To Output SGST A/c			840
	(Being GST not recorded in account now recorded.)

(v)	Stationery A/c	Dr.	7,000
	Input CGST A/c	Dr.	420
	Input SGST A/c	Dr.	420
	To Manoj A/c			7,840
	(Being purchases of stationery not recorded in book now recorded .)

(vi)	Input CGST A/c	Dr.	420
	Input SGST A/c	Dr.	420
	To Commission accrued A/c			840
	(Being amount of GST not recorded in commission now recorded .)

(vii)	Suspense A/c	Dr.	3,600
	To Output IGST A/c			3,600
	(Being excess debited being corrected.)