Illustration 32. The books of M/s Shakti trading for the year ended 31st March 2013 were closed with a difference that was posted to Suspense A/C. The following errors were found subsequently: (a) Goods of 12,500 returned to Thick & Fast Corporation were recorded in Return Inward book as 21,500 and from there it was posted to the debit of Thick & Fast Corporation. (b) A credit sale of 37,600 was wrongly posted as 6,700 to customer's A/c in sales ledger. (c) Closing stock was overstated by 5,000 being totaling error in the schedule of inventory. (d) 8900 paid to Bala was posted to the debit of Sethu as 9,800 (e) Goods purchased from Evan Traders for 3,250 was entered in sales book as 3,520 (f) 1,500, being the total of discount column on the payment side of the cash book was not posted. Rectify the errors and pass necessary entries giving effects to Suspense A/c and P & L Adjustment A/c