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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › Suspense account
Good evening Mr John…In suspense account lecture part b, you solved the question example in which there’s imbalance of debits and credits…And you put difference on credit side of suspense account which seemed so confusing because I think debit side is higher so we need to put difference balance on debit side…
Difference is 4957 …I would put it on debit side of suspense account so that it could remind me debits are higher than credit as in question…
Why did you put difference on credit side? Thanks
If the debits are higher than the credits, then we need an extra credit on the suspense account so that then the total debits are equal to the total credits.
