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happysnowbear20

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  • February 5, 2021 at 8:10 pm #609343
    c5d837fac5c38989010266da8d0a2ce894edce21e7b422b9b47d1581a6eaf458 80happysnowbear20
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    Hi John,
    I am confused by the definition “remaining balance” and “balance”
    According to the T-acc of the suspense account,
    Suspense account
    Opening balance 16,500 credit
    Discount received 5,100 debit
    Transposition of cash 9,900 debit
    => I thought the Balance would be 1500 Debit

    Thank you very much

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