Version:0.9 StartHTML:0000000105 EndHTML:0000003405 StartFragment:0000000141 EndFragment:0000003365

Amy found that her businesss trial balance at 31 December 2020 did not

balance. Accordingly, a suspense account was set up.

After a thorough inspection of her records the following three errors were

discovered:

i. Bank charges 75 entered in the cash book have not been posted to

the bank charges account.

ii. A payment of 94 for petrol (for the businesss delivery van) had been

entered on the debit side of the motor expenses account as 49.

iii. A cheque received for 260 rental income had been correctly recorded

in the cash book debited to the rent expense account.

Once these errors were corrected by Amy, the suspense account balance was

cleared to zero.

What must have been the balance on the suspense account at 31 December

2020 before the errors were corrected? (Make sure you also indicate whether

this balance was a debit or credit balance).