question: create a suspene account

QUESTION 3, CLO 3 \& 4 [Estimated: 25 minutes] You are the accountant for Cakes \& Cakes. By reviewing the trial balance for June 30, 2022 you notice the debit side totaled $50,000 while the credit side totaled $54,000. You decided to investigate and the following errors were found: 1. A credit sale of goods amounting to $3,000 to Suga \& Spice was debited to the account of Suga \& Nice. 2. A payment of $5,400 made for Telephone had been debited to the Telephone expense account as $340. 3. The sales joumal had been understated by $10,260 4. The purchases journal had been understated by $10,000 5. The returns outwards joumal had been understated by $800 6. A Water Cooler machine sold for $20,000 had been credited to the Sales Account