Accounting 9706 · AS & A Level · Reconciliation and verification

Reconciliation and verification — practice question

The trial balance fails to agree, so a suspense account is created. Later, the following errors are discovered and the suspense account is cleared. What was the opening balance on the suspense account?

  • A$1620 credit
  • B$1620 debit
  • C$5580 credit
  • D$5580 debit

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