QUESTION 4 (ures The trial balance for Shopfree Printing Services ce for Shopfree Printing Services (SPS) is shown below. Shopfree Printing Services (SPS) Trial Balance as at 30 April 2018 Account Name Cash Credit (RM) Debit (RM) 5,445 3,000 8,000 Accounts Receivable Equipment Accounts Payable Capital Service Revenue Utilities Expense Salaries Expense Rent Expense Suspense Account 3,500 10,700 8,690 1,500 3,700 1,500 255 23,145 23.145 The following errors were discovered in the month of May 2018. i. A debit posting to Salaries Expense of RM380 was omitted. il. A purchase of supplies RM520 by cash was debited to Equipment for RM520 and credited to cash RM520. iii. A collection from customer for RM210 was debited to cash account and credited to Accounts Payable. iv. Additional investment RM635 cash were debited cash account only. Required: Prepare: a) journal entries to correct the errors. (10 marks) b) the suspense account (4 marks) c) The net income for SPS for the month of April 2013 was RM2,690. Prepare the Statement of Corrected Net Profit for SPS. (6 marks) ACCT1002/Revision