Neco 2019 Financial Accounting Question 44

The trial balance of a firm before correction shows the following balances (in \(\text{₦}\)): Cash Dr 120,000; Accounts Receivable Dr 80,000; Purchases Dr 150,000; Inventory Dr 70,000; Equipment Dr 200,000; Rent Expense Dr 30,000; Interest Expense Dr 10,000; Accumulated Depreciation Cr 50,000; Accounts Payable Cr 90,000; Capital Cr 300,000; Sales Revenue Cr 400,000. The totals are Dr 660,000 and Cr 840,000, so the trial balance does not balance. It is known that (i) the purchase entry was recorded twice, (ii) a sales return of \(\text{₦}20,000\) was omitted, and (iii) a cash receipt of \(\text{₦}180,000\) was mistakenly posted to the credit side of Sales Revenue instead of to Cash. After correcting these three errors, what should be the total of the debit column (which will equal the credit column)?