Question No 5: (10 Marks) Assuming that you are recently joined as an Accounting technician in Al Nabil Biscuits Industry. Your duty is to record and maintain every monetary transaction of an organization. At the end of the year, you have prepared a Trial balance to check the arithmetic accuracy of the transactions. You are surprised that your Debit balance of OMR 13,500 are more than your Credit Balance. Later you discovered that you have committed so many errors while recording and posting the transactions. Required: a) Prepare a Trial balance showing the above shortage of debit balance. ** (4 Marks) b) What type of error you have committed while recording and posting the transactions? Explain in detail atleast any four types of errors which you have committed with an example of each error. (6 Marks) ** Students are asked to prepare a trial balance with atleast 30 accounts such as Purchase, Sales, Various expenses and income etc. (Imaginary figure can be used). Question No 5: (10 Marks) Assuming that you are recently joined as an Accounting technician in Al Nabil Biscuits Industry. Your duty is to record and maintain every monetary transaction of an organization. At the end of the year, you have prepared a Trial balance to check the arithmetic accuracy of the transactions. You are surprised that your Debit balance of OMR 13,500 are more than your Credit Balance. Later you discovered that you have committed so many errors while recording and posting the transactions. Required: a) Prepare a Trial balance showing the above shortage of debit balance. ** (4 Marks) b) What type of error you have committed while recording and posting the transactions? Explain in detail atleast any four types of errors which you have committed with an example of each error. (6 Marks) ** Students are asked to prepare a trial balance with atleast 30 accounts such as Purchase, Sales, Various expenses and income etc. (Imaginary figure can be used)