Accounts (Principles of Accounts)The trial balance and errorsJAMB
A suspense account has a debit balance of ₦500. This means that in the trial balance
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Answer: A. the credit side exceeded the debit side by ₦500
₦500 was added to the debit side to make the totals agree.
An AdmitMe practice question, written for the JAMB syllabus. Not an official past question.