Adobaw extracted a trial balance on 31st December 2005 and realized that the total of debit balance exceeded the total of credit balance. Pending investigation the difference should be?

By: |Published on: Jun 3|Categories: Accounting WAEC| 0 comments

A. debited to suspense account
B. credited to suspense account
C. debited to assets accounts
D. credited to asset account

Correct Answer: Option B

B. credited to suspense account

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