1. An entitys trial balance failed to agree, a suspense account was opened for the difference. The trial balance totals were:

Debits 328,385

Credits 328,990

The following errors were found:

• The debit side of the rent account had been overcast by 800.
• A cash payment of 6,000 to purchase a machine had been correctly entered in the bank account but debited to the repairs account.
• Discounts allowed of 200 had been correctly posted to the receivables ledger control account and credited to the discounts allowed account.
• A new direct debit payment of 150 for insurance had been recorded in the bank account but not posted to the insurance account.
• Payment for motor expenses of 1,875 had been incorrectly posted to the stationery account.
• Computer equipment purchased for 1,950 had been correctly recording in the bank account but included as 1,095 in the computer equipment account.

You are required to:

Write the correcting journal entries for each of the transactions above and show the ledger account for the suspense account and clear the account by correcting the above errors.