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GHC4,500. 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. Open a suspense account and correct the above transaction in it. Question Two c) BSD Lid has prepared its October 2018 bank reconciliation for auditors to review. As at 31 October 2018 the ledger balance was GHe 2,450 (Credit) but the bank statement showed that the company has funds amounting to GHe3,743. The following are useful information: The company arranged for the bank to transfer the dollar equivalent of GHe 500,000 to a supplier in the United States. Charges on the transfer of 0.5% have not been recorded in the books of BSD Ltd. The CEO of BSD Lid arranged for an amount of GHe3,000 to be transferred from his personal bank account into the company's account. The bank made the transfer on 31 October 2018, but BSD Ltd has not made any entry in its books. A Cheque for Electricity Company amounting to GHe5,600 issued and recorded correctly in the bank statements appeared in BSD ledger as GHe6,500. The following cheques issued by BSD Ltd in October 2018 did not appear on the bank statement: Cheque # 00450-GHe2,000 Cheque # 00456-GHe 4,800 Cheque # 00500-GHe 5,250 Three cheques received and booked by BSD Lid amounting to GHe 4,800 were not credited by the bank Income earned on investment with an advice by the bank of GHe2,457 was not recorded by the bank until 3 November 2018. Required: Prepare the adjusted cash book and bank reconciliation statement of BSD LTDh) The trial balance of Papa Kwame Ltd has an excess of credit over debit of {3pr 1 2.5131). A suspense account has been opened to halanee the accounts. The following transactions were later discovered: i) Interest paid of GHeS and Interest received of GHeBll have both been entered on the 1wrong side of the trial balance. ii} The receivable control account balance of Swill-14,33? had been included in the trial balance as GHeEdEJET iii} Sales of smarter) had been omitted from the sales records [Le from the sales day hook). iv] Purchase of raw material of GHpE4,5 was entered in the purchase account as GH 5E4,5ll. v) The balance on the current account with the Proprietor's wife had been omitted 'orn the trial balance. This item when corrected will clear the suspense account. Open a suspense account and correct the above transaction in it. Question Two c] BSD Ltd has prepared its October 2013 bank reconciliation for auditors to review. rs at 31 Untober 212]] E the ledger balance was Gl-Ip 2,450 {Credit} but the bani: statement showed that the company has funds amotutting to GH 3,343. The following are useful information: |] The company arranged for the bank to transfer the dollar equivalent of (PH; 500,006 to a supplier in the United States. llilharges on the transfer of 0.5% have not been recorded in the books of BED Ltd. I] The CEO ofBSD Ltd an'anged for an amount ofGHp3JlIlI} to be transferred from his personal bank account into the company's account. The bank made the transfer on 3] October EDIE. hut BSD Ltd has not made any may in its books. |] A Cheque for Electricity lCompany amounting to GHejllll issued and recorded correctly in the bank statements appeared in BED ledger as GH 6,501]. |] The following cheques issued by BSD Ltd in October 29] 3 did not appear on the bank statement