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need asap Illustration: The trial balance of a trader has agreed but the following errors are discovered after the preparation of the final accounts: 202

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Illustration: The trial balance of a trader has agreed but the following errors are discovered after the preparation of the final accounts: 202 i) Rs. 500 posted to the Depreciation Account as Depreciation on Plant and Machinery was not posted to the plant and Machinery Account. ii) Return Outward Book is overcast by Rs. 10. iii) Purchases Book is overcast by Rs. 4,000. iv) An amount of Rs. 1,000 received as dividend on shares has been posted to the debit of the Interest Account. Furniture was purchased from Rahim for Rs. 9,600 but the entry was passed for Rs. 6,900. vi) Rs. 1,200 received from Anil Kapoor in settlement of account, posted to the credit of the Sales Account. vii) Outstanding interest on loan Rs. 500 omitted to be recorded. viii) Rs. 600 paid for the purchase of office stationery was wrongly debited to the Purchases Account. ix) Sales of Rs. 6,000 to Mushtaq omitted to be posted to his account. Rs. 200 paid for repairs were written as Rs. 20 in the Repairs Account. Discount Received, Rs. 50, omitted to be posted to the Discount Received Account. xi) Show the effect of these errors on the Final Accounts

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