A-LevelAccountingReconciliation and verification9706/12 · May/June 2021 · Q71 Mark
The correction of which error requires an entry in the suspense account?
Acheque, $1000, paid to Kong had been debited to Kang's account.
Bpurchase of stamps, $50, had been debited to the purchases account.
CCommission income, $170, had been debited to the loan interest account.
DThe insurance account had been undercast by $200 and the wages account overcast by $200.
✓ Correct answer
C: Commission income, $170, had been debited to the loan interest account.
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