A-LevelAccountingReconciliation and verification9706/12 · May/June 2018 · Q71 Mark
The trial balance of a business did not balance. The following errors were found. 1 The total of the purchases journal of $33030 had been posted to the purchases account in the general ledger as $33000. 2 Discount received of $50 had been entered on the debit side of the discount received account. What was the original balance on the suspense account?
A$20 credit
B$20 debit
C$70 credit
D$70 debit
✓ Correct answer
C: $70 credit
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