Question
After you have prepared the trial balance for https://www.chegg.com/homework-help/questions-and-answers/information-extracted-book-abc-sdn-bhd-prepare-trial-balance-31-december-2019-15-marks-acc-q45597564, you notice the trial balance cannot be balance due to following errors: 1. Cash payment of
After you have prepared the trial balance for https://www.chegg.com/homework-help/questions-and-answers/information-extracted-book-abc-sdn-bhd-prepare-trial-balance-31-december-2019-15-marks-acc-q45597564, you notice the trial balance cannot be balance due to following errors:
1. Cash payment of RM500 for stationery was completely omitted from the books.
2. Discount received of RM2,000 was debited to discount allowed account.
3.Sales of RM3,800 to Molly was not Recorded in her account.
4. RM1,000 for upkeep of motor vehicle was debited to motor vehicle account. No depreciation has yet to be provided.
Required:
(a) Prepare the Suspense Account. [5MARKS]
(b) Prepare the adjusted Trial Balance.[5MARKS]
the expected answer for 'b' is to be 1652100. However, I was not given the answer for 'a'. Please kindly show me both of the workings and answers.
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