15:44 M { file.pdf Q Question One al State and explain TWO (2) errors that will not affect the balancing of the trial balance b) The trial balance of Papa Kwame Lodes an excess of credit over debit GHe 12.500. A suspense account been opened to balance the accounts. The following transaction were dove i) Interest paid of GH5,000 and Interraceived GH48,000 huse both been entered on the wrong side of the trial balance. in the receivable control account balance of GH234,387 had been included in the trial balance as GH 342 367 ill) Sales of H 2.000 had been omitted from the sales records de from the sales y book iv) Purchase of raw material of GH4,005 was entered in the purchase account as GH 4.500 v) The balance on the current account with the Proprietor's wife had been omitted from the trial balance. This item when corrected will clear the suspense account Opes a suspense account and correct the above transactice i Question Two c) BSD Led has prepared its October 2018 tank reconciliation for auditors to review. As a 31 October 2018 the lodger balance was GHe 2.450 (Credit but the bank statement showed that the tempany has funding to G43,743 The following are useful information The company arranged for the bank to transfer the dollar equivalent ofGH SOCCO supplier in the United States. Charges on the transfer of ass have me been recorded in the books of BSD Lad The CEO of BSD Langed for an amount of He3.000 to be transferred from his personal bank account into the company's account. The bank made the transfer on 31 October 2018, but BSD Loade any eteyin its biks. A Cheque for Electricity Company amounting to to GH5.600 isued and receded correctly in the bank statements appeared in ESD Lodgers GH 6,500 The following cheques issued by BSD Lad in October 2018 did not appear on the bank Cheque #00450-GH42.000 Cheque 100456-GH4.00 Cheyee 0000-H 5.250 Tluce cheques received and booked by BSD Lamounting to GHe 4.800 were not credited by the bank Income earned on investment with an advice by the bank of GH2,457 was not recorded by the bank until 3 November 2018 Required. Prepare the adjusted cash box and bank reconciliation statement of BSD LTD