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ACCAF3精練:Suspenseaccounts

考試網(wǎng)  [ 2016年12月7日 ] 【

  Question:The trial balance of C, a limited liability company, did not agree, and a suspense account was opened for the difference.

  Checking in the bookkeeping system revealed a number of errors.

  Which TWO of the errors below would require an entry to the suspense account as part of the process of correcting them?

  A. $4,600 paid for motor van repairs was correctly treated in the cash book but was credited to motor vehicles asset account

  B. $360 received from B, a customer, was credited in error to the account of BB

  C. $9,500 paid for rent was debited to the rent account as $5,900

  D. The total of the discount allowed column in the cash book had been debited in error to the discounts received account

  E. No entries have been made to record a cash sale of $100.

  The correct answers are:

  $4,600 paid for motor van repairs was correctly treated in the cash book but was credited to motor vehicles asset account.

  $9,500 paid for rent was debited to the rent account as $5,900.

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