Accounting WAEC

A suspense Account is used to?

A. record difference in the books until errors are located
B. accumulate debit and credit balances
C. accommodate debit balances of profit statements
D. record accounts of the general ledger

Correct Answer:

Option A – record difference in the books until errors are located

AddThis Website Tools
Sunday

Recent Posts

EME 310 Theory Questions: Hypothesis Testing

300 Level Research Methods In Education Practice exam questions and detailed answers. Download the answers in…

2 days ago

EME 310 Theory Questions: Sampling Error And Sampling Bias

300 Level Research Methods In Education Practice exam questions and detailed answers. Download the answers in…

2 days ago

EME 310 Theory Questions: Sample And Sampling Techniques

300 Level Research Methods In Education Practice exam questions and detailed answers. Download the answers in…

2 days ago

EME 310 Theory Question: Sources Of Literature – Project Writing

300 Level Research Methods In Education Practice exam questions and detailed answers. Download the answers in…

2 days ago

EME 310 Theory Questions: Research Proposal Vs Research Abstract – Educational Research

300 Level Research Methods In Education Practice exam questions and detailed answers. Download the answers in…

2 days ago

EME 310 Theory Questions: Research Topics

300 Level Research Methods In Education Practice exam questions and detailed answers. Download the answers in…

2 days ago