9 Princess Enterprise is not computerised and 31st December 2021 the bookkeeper is unable to balance the trial balance. The trial balance totals were: Debit GHC120,000 Credit GHC199,000 That notwithstanding, he proceeded to prepare draft financial statements, using the difference as a balancing figure in the statement of financial position. The draft statement of profit or loss showed a profit of GHC14,000 for the year ended 31 December 2021. He found the following errors and omissions after critical checks: 1. The balance of C35,000 on the Utilities account had been omitted from the trial balance. 2. Insurance prepaid of GHC5000 at 31 December 2020 had not been brought down as an opening balance. 3. The purchase of plant of GHC12,000 on 1 November 2021 had been debited to plant repairs account. Depreciation on plant is charged at 20% per annum on a straight-line basis, with proportional depreciation in the year of purchase. 4. The total of the sales returns book, GHC 20,000 for December 2021, had been credited to the purchases returns account. 5. No ledger accounts were opened for Discount allowed of GHC8,000 and Discount Received of GHC9,000 for the year 2021, hence the balances omitted from the trial balance. Required: i. Make journal entries to correct the errors ii. Prepare the suspense account