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bank balance $172,998 was comprised in the trial balance as $170,298.

what is the double entry for the correction of the error?

thankyou

2006-11-03 11:01:48 · 2 個解答 · 發問者 sarah 2 in 教育與參考 考試

2 個解答

Dr: Bank $2,700 (172,998-170,298)Cr: Suspense $2,700Because it is error on one side, so you make correction in suspense account.

2006-11-03 12:31:07 · answer #1 · answered by Anchel 7 · 0 0

if it is debit balance
dr trial balance $2700
cr suspense $2700

2007-11-16 05:26:40 · answer #2 · answered by ? 2 · 0 0

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