A business extracted its trial balance and discovered that the total of the credit side exceeded the total of the debit side. Pending further investigation, the difference would be

by Sunday | Apr 6 | Accounting WAEC | 0 comments

A. credited to suspense account
B. debited to suspense account
C. credited to Profit and Loss Account
D. debited to Profit and Loss Account

Correct Answer:

Option B – debited to suspense account

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