Accounting · Rectification of Errors
Which of the following errors affects the Trial Balance agreement and can be rectified using a Suspense Account?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Sales return of ₹2,000 recorded in the Purchase Return Book
- 2Sales Return Book undercast by ₹2,000✓
- 3Sales return of ₹2,000 completely omitted from the books
- 4Sales return of ₹2,000 by a customer recorded as ₹200 in both accounts
Correct answer
Sales Return Book undercast by ₹2,000
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