medium10 pts · first answer countsbookkeepingrectification-of-errors
Clearing suspense for an overcast sales book
The sales day book was overcast by ₹500, and the difference was put to suspense. What entry corrects it?
Discussion 0
Join free to post in the discussion.
Related questions
- What a debit does to a liabilityAccountant
- Buying goods on creditAccountant
- Golden rule for nominal accountsAccountant
- What the purchase day book recordsAccountant
- Why a suspense account is openedAccountant
- An invoice never enteredAccountant
- Classifying income received in advanceAccountant
- Accrual basis compared with cash basisAccountant