T Sang
Trial Balance as at 31 December 20X7
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DR CR
＄ ＄
Capital 25621
Drawing 13690
Sales 94630
Purchases 60375
Returns inwards and outwards 1210 1109
Wages and Salaries 14371
Sundry expenses 598
Debtors&Creditors 11370 4290
loan form J chen 5000
Equipment 16000
Bank 5790
Suspenses 1546
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132196 132196
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The following errors were later discovered:
看補充問題
更新1:
The following errors were later discovered: 1. Purchases journal had been overcast by $258. 2. Repayment of a loan,$2000,bad been debited in error to the wages account. 還有的再看補充問題
更新2:
3. A cheque payment for purchasing equipment amounting to$1500 had been entered in the equipment account but not in the cash book. 4. Returns Outwards of $168 had been entered in the returns outwards journal but in the creditor's account. 還有的再看補充問題
更新3:
5.Sundry expenses of $44 had been entered in the cash book but not in the sundry expenses account. 還有required再看補充問題
更新4:
You are required to: a) Draw up the suspense account,showing all the corrections. b) Redraft the trial balance after all corrections have been made.
