Page 299 - Accountancy_F5

Solution 9.4 (a)

Mtata & Family Company
General journal

Dr Cr
Date Details
FOR ONLINE READING ONLY
TZS TZS
March 1 Carriage Inwards account 150,000
Carriage outwards account 150,000
Being the amount of carriage inwards erroneously
posted to carriage outwards now corrected.
June 5 Creditors account 9,000
Suspense account 9,000

Being TZS 89,000 of purchases wrongly posted as
TZS 98,000 in creditors account, now corrected.
Aug. 7 Sales account 150,000
Suspense account 1,550,000
Being amount of TZS 150,000 which was

overcasted in sales account now corrected.
Nov. 5 LANGUAGE EDITING
Purchases account
232,000
Suspense account 232,000
Amount of purchases that was only posted in cash

book, now corrected.

Solution 9.4 (b)

Dr Mtata & Family Company Suspense Account Cr

Amount Amount
Date Details Date Details
TZS TZS
Dec. 31, DIF 391,000 June 5, 2021 Creditors 9,000
2021 Aug. 7, 2021 Sales 150,000
Nov. 5, 2021 Purchases 232,000
391,000 391,000

Student’s Book Form Five
286

23/06/2024 17:36
ACCOUNTANCY_DUMMY_23 JUNE.indd 286 23/06/2024 17:36
ACCOUNTANCY_DUMMY_23 JUNE.indd 286