Hannah prepared a trial balance but its totals did not agree. A suspense account was opened.
She later discovered the following errors:

1 Rent receivable, $4900, had been debited to the rent payable account.

2 General expenses paid, $1200, had been correctly entered in the cash book, but had been
recorded in the general expenses account as $2100.

3 No debit entry had been made for purchases on credit from Ploy, $3400.

REQUIRED

This question tests Verification of accounting records in O-Level Accounting (syllabus code 7707). It is worth 20 marks.

This question appeared in the Cambridge O-Level Accounting Oct/Nov 2017 examination, Paper 2 Variant 2 (7707_w17_qp_22.pdf).

Question

Hannah prepared a trial balance but its totals did not agree. A suspense account was opened.
She later discovered the following errors:

1 Rent receivable, $4900, had been debited to the rent payable account.

2 General expenses paid, $1200, had been correctly entered in the cash book, but had been
recorded in the general expenses account as $2100.

3 No debit entry had been made for purchases on credit from Ploy, $3400.

REQUIRED

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