About this document
Advanced Financial Accounting Exam Guide by Rudra Patil is a document available to read on EtoBox.
1. The accountant found a Rs. 2,000 difference in the total trial balance and put it in the suspense account. Later, he detected several errors: an item of Rs. 3,645 in purchase returns was entered incorrectly, old furniture sold for Rs. 9,000 more than recorded, two day books were undercast and overcast, and several assets were recorded at the wrong amounts. 2. The journal entries to rectify these errors along with narrations are required, as well as the updated suspense account.
- Author
- Rudra Patil
- Language
- EN