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i. ii. iii. A payment of 150 for electricity was entered in the Bank Account but was not recorded in the Electricity Expense Account. There

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i. ii. iii. A payment of 150 for electricity was entered in the Bank Account but was not recorded in the Electricity Expense Account. There is a debit in the Rent Expense Account for 718 and a debit to the bank account for the same amount. A sale for 1,200 has been entered correctly in Accounts Receivable but as 120 in the Sales Account A payment to a supplier of 457 has been correctly recorded in Accounts Payable Account but no other entry has been made. iv. Required: a. Prepare journal entries to correct the above errors and prepare a T-account for the Suspense Account showing the entries. [20 marks] Frror Journal

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