PRC-1 · Chapter 8 · Question 43 of 100
If the credit side of a trial balance is heavier by Rs. 1,200, the Suspense Account will be opened with:
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: A) A debit balance of Rs. 1,200
Explanation
To make the trial balance totals agree mathematically, the difference is placed on the lighter side. Therefore, a debit balance of 1,200 is placed in the Suspense Account.
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