The trial balance of Jacksons Pet shop as at 30 April 2021 was balanced with...

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Accounting

The trial balance of Jacksons Pet shop as at 30 April 2021 was balanced with the inclusion of the
following debit balance: Debit balance to the suspense account $9,000.
Subsequent investigations revealed the following errors:
1) Discounts received of $750 have been posted to the debit of the discounts allowed
account.
2) Wages of $7,200 paid in February 2021 by cheque have been posted to the wages
account only.
3) Goods that were purchased on credit from L. Banks $3,750 was recorded in the
purchases account as $750.
4) Sales on credit to a customer, J Riley $9,600 was omitted from the
customersaccount.
5) A payment of $2,550 to D Whyte in January 2021 has been posted to the customers
account as a credit.
6) A payment to a supplier, A Black $143 by cheque was recorded in both accounts as
$413.
REQUIRED:
a) Prepare the journal entries to correct the above errors
b) Prepare the suspense account as it would appear after all the errors have been
corrected.

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