O-LevelAccountingVerification of accounting records7707/11 · May/June 2011 · Q151 Mark
The difference on a trial balance is entered in a suspense account. A payment of $112 for general expenses had been correctly entered in the cash book but posted in error to the credit side of the general expenses account. Which journal entry corrects this error?
Adr $: general expenses 112, suspense 112
Bdr $: suspense 112, general expenses 112
Cdr $: general expenses 224, suspense 224
Ddr $: suspense 224, general expenses 224
✓ Correct answer
C: dr $: general expenses 224, suspense 224
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