Samantha has extracted a trial balance and created a suspense account with a credit balance of sh.759 to make it balance.
Samantha found the following:
1 A sales invoice for sh.4,569 has not been entered in the accounting records.
2 A payment of sh.1,512 has been posted correctly to the payables control account but no other
entry has been made.
3 A credit sale of sh.131 has only been credited to the sales account.
What is the remaining balance on the suspense account after these errors have been corrected?
Question 1Answer
A.
sh 3810 Debit
B.
Sh. 890 Credit
C.
Sh. 622 Debit
D.
Sh. 2140 Credit
Mathbot Says...
I wasn't able to parse your question, but the HE.NET team is hard at work making me smarter.