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Question 3 The trial balance of Jacksons Pet shop as at 3 0 April 2 0 2 1 was balanced with the inclusion of the
Question The trial balance of Jacksons Pet shop as at April was balanced with the inclusion of the following debit balance: Debit balance to the suspense account $Subsequent investigations revealed the following errors: Discounts received of $ have been posted to the debit of the discounts allowed account Wages of $ paid in February by cheque have been posted to the wages account only Goods that were purchased on credit from L Banks $ was recorded in the purchases account as $ Sales on credit to a customer, J Riley $ was omitted from the customers account A payment of $ to D Whyte in January has been posted to the customers account as a credit A payment to a supplier, A Black $ by cheque was recorded in both accounts as $ REQUIRED:a Prepare the journal entries to correct the above errors
b Prepare the suspense account as it would appear after all the errors have been corrected.
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