Question 4 (Revision of ACCTG 102) Mistakes were made when posting two journal entries to the General Ledger of Kean Ltd. The mistake/s involved wording and/or dollar amounts. The GL a/c totals could also be affected. All transactions are recorded into a journal in chronological order. Cr= Post each dollar amount to the right side of the named GLa/c. Dr = Post each dollar amount to the left side of the named GLa/c. Required: Type 'Mistake' in the GL account where you see an error related to the posting of the two journal entries above. Explain the mistake/s in the space provided. If no mistakes were made, write 'There was no mistake in the GL account.' An entity has ONE GENERAL LEDGER (GL). This General Ledger (GL) contains all the individual asset, liability, equity, income, and expense accounts; these accounts are called 'GL accounts'. Some entities have hundreds of GL accounts. General Ledger of Kean Ltd: Explain the mistake/s in the Cash GL a/c: Question 4 (a) continued: Explain the mistake/s in the Machinery GL a/c above: Explain the mistake/s in the AD - Machinery GL a/c above: Explain the mistake/s in the Bank GL a/c above: Explain the mistake/s in the Gain on sale GL a/c above: Question 4 continued: (b) The correct carrying amount of the machinery on 31 March 2023: Workings: \begin{tabular}{|l|l|} \hline (c)Determinetheneteffectontheincomestatement,inrelationtotheMarch2023expensesandincomeitemsprovidedinthisquestion. \\ \hline The net effect would be: & \\ \hline Will the profit in the income statement be increased or decreased by the net effect above? & \\ \hline \end{tabular}