Hi could anyone help with suspense accounts/ trial balance to these examples;
1. A cash purchase of £126 is completely omitted
- what’s being by DR and what’s being CR to correct this?
2. Electricity of £120 was entered into cashbook once and electricity account twice.
- what’s being Dr and what’s being Cr to correct this?
Ask the Tutor ACCA AAA
Suspense Accounts
5y ago#1 Chloe - if you want "anyone" to answer you should use the student rather than the tutor forum - and you should select the relevant exam - I suggest Financial Accounting rather than Advanced Audit and Assurance: https://opentuition.com/forum/acca-forums/acca-financial-accounting-fa-forums-fia-ffa-forums
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