An inexperienced book-keeper prepared the following trial balance for Alia's business on 31 August 2018. The trial balance did not balance. Trial Balance at 31 August 2018 | | Debit () | Credit () | | :-------------------------- | --------: | ---------: | | Revenue | | 19600 | | Purchases | 9800 | | | Inventory at 31 August 2018 | 730 | | | Rent receivable | 400 | | | Rent payable | 800 | | | General expenses | 230 | | | Non-current assets (at cost)| 18750 | | | Provision for depreciation | | 3970 | | Bank overdraft | 30 | | | Motor vehicle expenses | 650 | | | Trade receivables | 2990 | | | Trade payables | | 1090 | | Capital | | 9000 | | | 33730 | 34310 | Additional information Inventory at 1 August 2018 was $870. REQUIRED

1. (a)Prepare the corrected trial balance.[5]
2. (b)Alia's brother Roshan also runs a business. Roshan provided the following information for the month of September 2018. September 1 Balances Computer maintenance expenses account $720 KK Computers account $450 Credit 8 Roshan paid $425 to KK Computers by cheque in full settlement of the balance owing on 1 September 2018. 19 Roshan received an invoice for $750 from KK Computers for computer maintenance. 30 Roshan prepared the financial statements for the year. It was estimated that $70 of computer maintenance expenses were prepaid. REQUIRED (b) Prepare the following accounts for the month of September 2018. Complete the appropriate transfer. Balance the accounts and bring down the balances on 1 October 2018. Computer maintenance expenses account | Date | Details | $ | Date | Details | $ | | :--- | :------ | --: | :--- | :------ | --: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | KK Computers account | Date | Details | $ | Date | Details | $ | | :--- | :------ | --: | :--- | :------ | --: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |[9]
3. (c)(i)On 15 October 2018 Roshan sold a computer (non-current asset) to Jones on a 20-day credit for $200. The computer had cost Roshan $250 and had accumulated depreciation of $70. On 30 October Jones still owed $200. REQUIRED (c) (i) Name the book of prime (original) entry in which Roshan would record the sale.[1]
4. (c)(ii)Name the document that Roshan sent to Jones on 15 October.[1]
5. (c)(iii)Name the document that Roshan sent to Jones on 30 October.[1]
6. (d)(i)On 2 November Jones paid Roshan $195 in full settlement of the debt for the computer. REQUIRED (d) (i) Name the type of discount given to Jones.[1]
7. (d)(ii)Calculate the amount of the profit or loss that Roshan made on the sale of the computer.[2]