Accounting 0452 · IGCSE · Correction of errors

Correction of errors — practice question

Simon’s trial balance totals failed to balance, so he opened a suspense account. He later discovered that, when replenishing the imprest by $\$70$, he had entered it correctly in the petty cash book but on the wrong side of the main cash book. No other mistakes had been made. What was the first entry in the suspense account?

  • A$\$70$ on the credit side
  • B$\$70$ on the debit side
  • C$\$140$ on the credit side
  • D$\$140$ on the debit side

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