C18 The trial balance of Suzhou Tech Ltd at 31 December 20X9 is given below. Debit 000's 258,000 Credit 000's 424,600 64,500 12,850 25,850 43,870 8,580 6,890 12,470 4,100 440 Purchases Sales Inventory at 1 January 20X9 Warehouse wages Salespersons' salaries and commission Administrative salaries General administrative expenses General distribution expenses Directors' remuneration Debenture interest paid Dividends - interim dividend paid Property, plant and equipment: - cost - accumulated depreciation, 1 January 20X9 Trade receivables Trade payables Provision for doubtful debts at 1 January 20X9 Balance at bank 10% debentures (repayable in two years later) Called-up share capital (1 equity shares) Share premium account Retained earnings, 1 January 20X9 Suspense account (see note 3 below) 258,000 55,900 98,900 55,800 4,200 15,280 41,000 44,000 17,300 124,720 11,650 794,450 794,450 Additional information: 1 Closing inventory amounted to 65.00m. 2 A review of the trade receivables total of 98.90m showed that it was necessary to write off debts totalling 8.40m, and that the provision for doubtful debts should be adjusted to 2 per cent of the remaining trade receivables. The irrecoverable debts and change in provision for doubtful debts are recorded in administrative expense. 3 Two transactions have been entered in the company's cash record and transferred to the suspense account shown in the trial balance. They are: a The receipt of 1.50m from the issue of 500,000 1 equity shares at a premium of 2 per share. C18 The trial balance of Suzhou Tech Ltd at 31 December 20X9 is given below. Debit 000's 258,000 Credit 000's 424,600 64,500 12,850 25,850 43,870 8,580 6,890 12,470 4,100 440 Purchases Sales Inventory at 1 January 20X9 Warehouse wages Salespersons' salaries and commission Administrative salaries General administrative expenses General distribution expenses Directors' remuneration Debenture interest paid Dividends - interim dividend paid Property, plant and equipment: - cost - accumulated depreciation, 1 January 20X9 Trade receivables Trade payables Provision for doubtful debts at 1 January 20X9 Balance at bank 10% debentures (repayable in two years later) Called-up share capital (1 equity shares) Share premium account Retained earnings, 1 January 20X9 Suspense account (see note 3 below) 258,000 55,900 98,900 55,800 4,200 15,280 41,000 44,000 17,300 124,720 11,650 794,450 794,450 Additional information: 1 Closing inventory amounted to 65.00m. 2 A review of the trade receivables total of 98.90m showed that it was necessary to write off debts totalling 8.40m, and that the provision for doubtful debts should be adjusted to 2 per cent of the remaining trade receivables. The irrecoverable debts and change in provision for doubtful debts are recorded in administrative expense. 3 Two transactions have been entered in the company's cash record and transferred to the suspense account shown in the trial balance. They are: a The receipt of 1.50m from the issue of 500,000 1 equity shares at a premium of 2 per share