Question 3 :
Trial balance for Dendeng Ent. Was not balanced for RM 2,918. Mistakes were
traced as follows :
a. Credit sales RM 350 to Labu was debited to Abu
b. Sales Return RM 140 by a customer, Karim was recorded to Purchases
Account
c. Rent Received RM 468 was recorded as RM 486 in Rent Received Account
d. A fax machine valued at RM 1,600, bought from Syarikat BooBoo (credit)
was credited to Syarikat BooBoo and Office Equipment
e. Mr Dendeng, the owner, paid RM 240 for General Expenses with his own
money. This was not yet recorded.
f. General Expenses Payable for RM 150 was wrongly recorded as Advance
General Expenses.
Prepare :
1. Journal entries for that corrections
2. Suspense Account
Question 4 :
Make Profit Enterprise had an unbalanced Trial Balance. A Suspense Account
was opened to record the differences in the Trial Balance. Below were the
mistakes traced :
a. Credit sales RM 2,340 to Rommy was recorded as RM 2,430
b. A computer for office use was wrongly recorded into Purchase Journal,
RM 3,820
c. The owner took cash RM 120 to settle tuition’s fee. This was not yet
recorded.
d. Return Inwards RM65 was recorded as Return Outwards
e. Commission Received RM 425 was recorded as Commission Paid
f. Credit purchases from Boboy Sdn Bhd for RM95 were omitted from any
record.
Required :
1. Prepare the correcting journal entries
2. Suspense Account
Question 5 :
Trial Balance for Berjaya Ent as at 31 Dec 2008 showed a Suspense Account was
existed in the credit side for RM 342. After some checking, some mistakes
were found out, as follows :
a. Allowed discount for RM 784 was recored in Cash Book, but not yet
posted to ledger
b. A fax machine bought for RM 200 was debited to Office Equipment Account
as RM 100
c. Ahmad bin Jaya, the owner had a drawing of goods for RM 800. This was
not yet recorded in any books.
d. Credit purchases for RM 523 was wrongly debited to Creditors Account
e. Telephone bill for RM 130 was recorded as RM 310 in Utilities Account
You are required to prepare :
1. Correction for journal entry
2. Suspense Account