Suspense account


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Guys please help me why the answer is A?? My own answer is B because Debit is suspense account and Credit should be debtor..plss help me
 

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Triest123

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Dr Sales return 400
Cr Debtor 40
Cr Suspense. 360 =>.in order to balance the trial balance

So the answer is A
 
Joined
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Country
Malaysia
Dr Sales return 400
Cr Debtor 40
Cr Suspense. 360 =>.in order to balance the trial balance

So the answer is A
wait then if u put the suspense on credit wouldn't it will be reduce the debtor???
i thought we need to increase the debtor because it was understated???
 
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Triest123

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The question require you to state the entry made by the company rather than making a correction entry.
 

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