The trial balance of Joseph prepared as on December 31, 1998, did not tally. As he wanted to close his books and prepare the final accounts, he placed the difference to a newly opened Suspense Account which was carried forward to the next year. In the next year, the following errors were discovered: (a) $. 80 owed by a debtor was omitted to be included in the schedule of debtors. (b) A sum of $. 270 paid for repairs to Furniture and Fixtures was found debited to Furniture and Fixtures account as $. 720. (c) The Purchases Returns Book for the month of May was cast $. 50 short. (d) A Bill Receivable, received from David for $. 1,200, was found entered in the Bills Payable Day Book as $. 2,100. (e) A sum of $. 300 received from the estate of an insolvent debtor was found credited to his account which was already written off last year as bad. (f) Old machinery sold on credit for $. 700, was passed through the sales book. (g) A payment of $. 500 to a creditor, in full settlement of $. 540, was found credited to his account. Pass Journal entries to rectify the above errors and prepare the Suspense Account showing also how you would find out the difference in the Trial Balance.