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mock exam 2 question 29

TGTushar Gujral5y ago
why we haven't included the sales day book was undercast by 400 entry in suspense account
John MoffatJohn MoffatTutor5y ago#1
The sales day book is not part of the double entry. The same (wrong) total will have been posted to bother the receivables account and the sales account. So the trial balance will still balance and there is no effect on the suspense account.
TGTushar Gujral5y ago#2
okay thank you sir
John MoffatJohn MoffatTutor5y ago#3
You are welcome :-)
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