(b) The trial balance of Buumba Lud has an excess of debit bulances over credin balances of KZ4, 995. A suspense accoust has been opened to balase the trial balance. The following tranuctives were ber discovered: 1 (i) Interest paid of KS, 000 and Imerest received of K8,000 have both been entered on the whoeg side of the trial balance. (ii) The receivable control account tolance of K224,387 had been included in the trial balunce as K242 2, 387 (iii) Sales of K3, 000 had been ominted from the sales records (Le. from the sales duy bock). (iv) Purchase of raw material of K4,005 was entered in the parchase account as K4,500. (iv) The balance on the current account of K12. 500 for the Propeicter's wife had been eminted from the tral balance. This inem when corrected will clear the suspense account. Bequired: State and explain three (3) erross that will not affect the balanciag of a tral balance and epen a suspense account and correct the above transactions in it. (6marks) (c) LG Ltd has prepared its October 2021 bank reconciliation for audeors to sevicw. As at 31 October 2021 the ledger balance was K2,450 (Crofit) but the tunk statement showed that the conpany bas funds amounting to K3, 743. The following are useful infermation: (1) The company arranged for the bank to transfer the dollar equisalent of K500,000 to a supplis in the United States. Charges on the transfer of 0.5% have not heen recorded in the books of L.G L.d. (2) The CEO of LG Led arranged for an anouat of K3, 000 to be transferred from his perweal bank acoount into the company's account, The benk made the transfer on 31 October 2021, bet LG L.td las not nade any erary in its books. (3) A Cheque for ZESCO (Electricity Conepany) amounting to K.5, w00 iswed and reconded correctly in the bakk statenents appeared in L.G ledger as K6, 500 . (4) The following cheques axsued by LG L.d in Oetober 2021 did not appear on the bark statement: Cheque * 20450K2,000 Cheque a 20456K4,800 Cheque a 20500KS,250 (5) Incoine earned on investment with an advice by the bank of K2,457 was ast recorded by the bank until 3 November 2021 . (6) Three cheques received and booked by L.G Lid amounting to K4, 890 were not cretiend by the bark. Required: (i) Prepare the bank aceouet in LG Ld nominal ledger including any adjusting entries thesed en the information ahove. (Amarks)