ERRORS AND SUSPENSE ACCOUNT

Below are the errors found in the book of Ketikalena Enterprise. The owner of the business has assigned you to solve the issues as soon as possible. The trial balance of Ketikalena is not balance at the debit side for the amount of RM4,200.

1. A sale was made to Mr Arya on credit for RM4,000. It was correctly entered in the sales book but none entered in the receivable book.
2. A credit purchase from Aina amounting RM2,500 was omitted in both books.
3. Payment of electricity by cheque RM300 was entered as Dr Bank Cr Electricity.
4. A cheque received from a debtor Miss Aida RM3,000 was entered as RM8,000 in the cashbook.
5. Cash sales to Haswan for RM900 was recorded correctly in the sales account but was wrongly entered in the cashbook as RM700.
6. A purchase from Nur Fatihah for RM800 was entered in Alia Fatihahs account.
7. A cash payment was made to Isma for the purchase of a computer for RM3,500 was recorded in the computer repair account.
8. Payment by cheque made to Ilham, a creditor for RM2,000 was not recorded in Ilhams book.
9. Purchases were undercast by RM5,000
10. Rental payment of RM1,500 was paid by cash. It was recorded in both books as RM1,800

Prepare the following;

1. Journal entries
2. Suspense account for the period.
3. If, all the corrections had been remedied, will it affect you profit and loss account?