Please i need answer

000 4.B) Microsoft Company's accountant has prepared a trial balance, but it did not tally which is given below: Trial Balance Details Sales Returns and purchase returns 10.000 10.840 Capital 180.000 Sales 120.000 Purchases 100,000 Drawings 32.880 Rent/Rates 28,000 Motor vehicles 32.000 Discounts 3,200 2,400 Debtors and creditors 131.600 20,000 337.680 333.240 Page 5 of 6 May 10, 2020 (BAAC2100/PRINCIPLES OF ACCOUNTING 2 Realizing that the trial balance did not tally, the following errors were discovered by Ms. Asma the internal auditor of the company a) A discount allowed of OMR10,080 was credited in error to the discount received account b) Cash sales of OMR79.120 had not been entered into the sales account A bad debt of OMR25,200 had been entered in the customer's account but not the bad debt account The purchases account had been under cast by OMR10,600 A credit notes for OMR 11,400 was entered on the customer account of P Scott, but no entry was made in the returns account The sales account was overcast by OMR 19,200 OMR11,880 of goods withdrawn for Carol's personal use was entered into the drawings account but no other entries were made Show a Suspense Account to correct the errors discovered clearly showing the opening and closing balances, Question No #4 (7 marks) 4.A) Mr. Khamis is a young businessman and Owner of 'Snow White' laundry services LLC, while verifying his company's Trial Balance he found that the trial balance did not disclose all the accounting errors that is taken place in the department. He approached Mr. Mohammed who is the accountant for his business for Explanation. Discuss the possible explanation given by Mr. Mohammed 000 4.B) Microsoft Company's accountant has prepared a trial balance, but it did not tally which is given below: Trial Balance Details Sales Returns and purchase returns 10.000 10.840 Capital 180.000 Sales 120.000 Purchases 100,000 Drawings 32.880 Rent/Rates 28,000 Motor vehicles 32.000 Discounts 3,200 2,400 Debtors and creditors 131.600 20,000 337.680 333.240 Page 5 of 6 May 10, 2020 (BAAC2100/PRINCIPLES OF ACCOUNTING 2 Realizing that the trial balance did not tally, the following errors were discovered by Ms. Asma the internal auditor of the company a) A discount allowed of OMR10,080 was credited in error to the discount received account b) Cash sales of OMR79.120 had not been entered into the sales account A bad debt of OMR25,200 had been entered in the customer's account but not the bad debt account The purchases account had been under cast by OMR10,600 A credit notes for OMR 11,400 was entered on the customer account of P Scott, but no entry was made in the returns account The sales account was overcast by OMR 19,200 OMR11,880 of goods withdrawn for Carol's personal use was entered into the drawings account but no other entries were made Show a Suspense Account to correct the errors discovered clearly showing the opening and closing balances, Question No #4 (7 marks) 4.A) Mr. Khamis is a young businessman and Owner of 'Snow White' laundry services LLC, while verifying his company's Trial Balance he found that the trial balance did not disclose all the accounting errors that is taken place in the department. He approached Mr. Mohammed who is the accountant for his business for Explanation. Discuss the possible explanation given by Mr. Mohammed