Accounting 0452 · IGCSE · Correction of errors

Correction of errors — practice question

When a trial balance fails to balance, a suspense account is created. Which statement is incorrect?

  • AErrors of commission and errors of original entry are entered in the suspense account.
  • BThe trial balance difference is entered in the suspense account.
  • CThe suspense account remains open until all the errors preventing the agreement of the trial balance have been corrected.
  • DWhen all of the errors found have been corrected, there will be no balance carried down in the suspense account.

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