Neco Model Questions Vol1 2018 Financial Accounting Question 9

The following entries were posted to the general ledger for March (all amounts in \(\text{₦}\)):\n1. Purchases \(\text{Dr}\) 150,000; Cash \(\text{Cr}\) 150,000.\n2. Sales \(\text{Cr}\) 200,000; Accounts Receivable \(\text{Dr}\) 200,000.\n3. Cash received from customers \(\text{Dr}\) 180,000; Sales \(\text{Cr}\) 180,000 (should have been credited to Accounts Receivable).\n4. A purchase of 30,000 was omitted from Purchases and only a credit to Accounts Payable \(\text{Cr}\) 30,000 was recorded.\n5. An expense of 20,000 was recorded twice, each time \(\text{Dr}\) Expenses 20,000; \(\text{Cr}\) Cash 20,000.\n6. The trial balance did not balance; a difference of 10,000 was entered in the Suspense account on the debit side.\nAfter correcting all the errors, what should be the correct balance (debit or credit and amount) of the Suspense account?