There was a difference of Rs. 720 in the Trial Balance which has been transferred to the credit side of the Suspense Account. Pass the rectifying entries and prepare a Suspense Account to rectify the following errors:
(i) An amount of Rs. 375 now posted on the debit side of the Commission Account instead of Rs. 275.
(ii) Credit amount of Rs. 260 posted to the debit of the Personal Account as Rs. 360.
(iii) Goods sold to Surinder recorded in Purchases Book Rs. 300.
(iv) D's bill for erection of godown at a cost of Rs. 1,200 has been charged to the Repairs Account.
[Total of Suspense Account-Rs. 720.]