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Prepare suspense account starting with cr balance

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Reference no: EM132462774

Yee financial year ends 31 Aug

Opened a suspense account and entered $263 on credit side

Following errors

Point 1: no entry for goods $220 for personal use

Point 2: $679 paid to Kuso, credit supplier, recorded as $697

Point 3: Motor vehicle expense, $199 debited to motor vehicle account

Point 4: rent received $180 debited as rent payable

Point 5: no entry for office expense paid from petty cash $15

Point 6: sales returns journal undercast by $100

Question 1: prepare suspense account starting with cr balance

Reference no: EM132462774

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