Accounting WAEC

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?

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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5 years ago

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  • Which of the following has a debit balance?
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