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O-LevelAccountingVerification of accounting records7707/12 · Oct/Nov 2013 · Q151 Mark

A trial balance failed to balance. The difference was entered in a suspense account. It was discovered that the purchases returns journal had been undercast. Which entry should be made to correct this error? account to be debited account to be credited

Apurchases suspense
Bpurchases returns suspense
Csuspense purchases
Dsuspense purchases returns

✓ Correct answer

D: suspense purchases returns

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About this question

Topic
Verification of accounting records, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source
O-Level Accounting, Oct/Nov 2013 Paper 1 Variant 2, question 15.

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