(b) This trial balance below has some errors. Correct the errors by preparing a Corrected Trial Balance for year ended 31 October 2021. Debit Credit RM RM Inventory as at 1 November 2020 11,000 Telephone expense 28,000 Commission received 30,000 Return Outwards 53,000 Purchases 50,200 Discount Received 10,000 Sales 160,000 Returns Inwards 8,000 Shop lot: at cost 720,000 Electricity expense 5,000 Mortgage 43,200 Motor vehicle: at cost 40,000 Rental Received 8,000 Capital 600,000 Cash in hand 20,000 Trade receivable 40,000 Trade payable 57.000 Administrative expenses 19,000 Drawings 20.000 961.200 961.200 (4 marks)