Multiple choice

If a purchase of goods from supplier of Rs. 1345 has been debited to him with Rs. 4,135, then in the trial balance

  1. debit side will overcast by Rs. 5,480.

  2. debit side will overcast by Rs. 2,790.

  3. credit side will undercast by Rs. 2,790.

  4. debit side will undercast by Rs. 5,480.
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Supplier should have been credited with Rs. 1, 345. When he is debited with Rs. 4, 135, the difference in trial balance will be 1, 345 + 4, 135 = 5, 480 i.e. excess debit.

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