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Q3. The draft Trial Balance of Caribbean Ocean Sdn. Bhd. as at 30 September 2021 could not be balanced whereby the debit side being greater than the credit side by RM4,700. The difference has been entered in a suspense account. The business proceeded with the preparation of the draft final accounts and these showed a net profit of RM12,500. Subsequently, the following matters were revealed: (1) The debit side of the debtors' control account was undercast by RM500. (2) The purchase day book was overcast by RM1,800. (3) Inventory were undervalued by RM1,500. (4) Repairs on building amounting to RM1,000 has been incorrectly posted to the building account. (5) A telephone bill amounting to RM150 has been discovered in a filing tray was not yet accounted in the books. (6) A cheque for RM1,600 was received during September 2021 in full settlement of a debt which was written off in the previous financial year. It was correctly entered in the bank account but was not posted elsewhere. There was a debit balance of RM6,700 in the rent and rates account which should have been RM7.600. (7) (8) A cheque paid to a creditor Opii Enterprise for RM4,200 had been debited to Ozii Enterprise. Credit purchases of RM8,500 had been correctly debited to the purchase account but had been credited to the supplier's account as RM5,800. REQUIRED: (a) (1) Prepare the journal entries necessary to correct the above errors (Narration is not required). (9 marks) (ii) Post the relevant entries to the suspense account