When a suspense account is opened because the trial balance debits exceed the credits, which of the following statements regarding its rectification is correct?

When recording a purchase invoice for the repair of a laptop from a credit supplier, Orange Co incorrectly recorded it as an addition to non-current assets. The cost of the repair was $500, on which sales tax was charged at 15%. Orange Co is registered to account for sales tax. What journal adjustment should Orange Co make to correct this error?

A bookkeeper recorded a purchase of a new motor vehicle for $15,000. The transaction was correctly entered in the Cash at Bank account but was debited to the Motor Expenses account instead of the Motor Vehicles (Non-current Asset) account. Which of the following statements is correct regarding this error?