O-LevelAccountingVerification of accounting records7707/12 · Oct/Nov 2023 · Q101 Mark
A trial balance does not balance and a suspense account is opened. It is found that a sale of $250 was credited in the sales account as $2500. Which entry will correct this error? account to be debited $ account to be credited $
Asales 250 suspense 250
Bsales 2250 suspense 2250
Csuspense 2250 sales 2250
Dsuspense 2500 sales 2500
✓ Correct answer
B: sales 2250 suspense 2250
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