At 30 April 2025, Nabil drew up a trial balance. The debit total was $95 428, while the credit total came to $95 156. He entered the difference in a suspense account.
He subsequently found the mistakes shown in the table in part (a).
(a)[11]
Fill in the table below to show the entries needed to amend each error. The first row has already been done as an example.
(b)[4]
Draw up the suspense account at 30 April 2025.
(c)[4]
Calculate Nabil’s bank balance at 30 April 2025 once the errors in the table in part (a) have been corrected.
(d)[1]
State one purpose of a bank statement.
Worked solution & mark scheme
This 20-mark question has a full step-by-step worked solution and mark scheme.