Interactive work - Sheet on Suspense Accounts
by Ken Delaney-Moore
Suspense account
| Date | Debits | £ | Date | Credits | £ | |
|---|---|---|---|---|---|---|
| 8 6 | S.Nawaz | 120 | 31 3 | Difference per trial balance | 50 | |
| 8 6 | Bank (cash book) | 60 | ||||
| ___ | 10 6 | Fixtures | 10 | |||
| 120 | 120 | |||||
| Notice that there is a zero balance on the suspense account. This implies (but does not guarantee) that all the errors have been found. | ||||||