Zoe Borrillo, the accountant for Comfy Home Furnishings, was having difficulty completing the trial balance of the business’s general ledger. The balance of the Accounts Receivable Control account in the general ledger was \($2\) 490 greater than the total of the schedule of accounts receivable, and the schedule of accounts payable was \($1\) 480 more than the credit balance of the Accounts Payable Control account. The total of the credit column was less than the total of the debit column by \($1640.

Steve’s\) analysis identified the following errors.

1. An allowance of \($910\) on a sale to a customer was correctly recorded in the general journal and correctly posted to the general ledger. However, the amount was posted to the debit side of the customer’s account in the accounts receivable ledger, instead of being credited.

2. Interest revenue of \($730\) had been correctly recorded in the cash receipts journal, but had been posted as \($370\) to the debit of the Interest Expense account.

3. There was an error of addition in the debit column in the trial balance, which resulted in the total of the debits being \($540\) more than it should be.

4. A purchase invoice for \($460\) was recorded in the purchases journal as \($640.\) The purchase was duly posted to the ledgers.

5. A major supplier, Josh Kronsteiner, had also bought goods to the value of \($1120\) during the last week of the financial year. A general journal entry to off-set the \($1120\) against the amount owing by Kronsteiner was recorded in the general journal and correctly posted to the general ledger subsidiary ledger control accounts. However, the set-off was not recorded in the subsidiary ledgers.

6. An error of addition had occurred in the sales journal that resulted in the total of the sales journal being recorded and posted as \($27\) 160 instead of the correct figure of \($27\) 610.

Required

(a) Zoe believes that after the above are corrected, the trial balance will balance. Show your calculations to verify that she is correct.

(b) Which of errors 1–6 need to be corrected for the reconciliation of the schedules of accounts receivable and accounts payable to their respective control accounts? Explain, showing calculations, how the adjustments for the errors will achieve reconciliation.