Which one of the following journal entries is correct according to its narrative?
                                                                                                  Debit                         Credit
                                                                                                      $                                $
A   Mr Smith personal account                                                  100,000
     Directors’ remuneration                                                                                        100,000
     Bonus allocated to account of
          managing director (Mr Smith)
B   urchases                                                                              14,000
     Wages                                                                                    24,000
              Repairs to buildings                                                                                          38,000
     Transferring cost of repairs to buildings
               carried out by company’s own
               employees, using materials
               from inventory.
C   Discounts allowed                                                                    2,800
              Discounts received                                                                                              2,800
     Correction of error: discounts
               allowed total incorrectly
               debited to discounts received
               account
D   Suspense account                                                                  20,000
               Rent receivable                                                                                                 10,000
               Rent payable                                                                                                     10,000
     Correction of error: rent received
                credited in error to rent
                payable account.

C