04-11-2006, 02:26 AM
hi i am also having a headache on supense account.May i know if u understand this???tks
QN The trial balance did not agree (debit total=95000; cr total =94800).He opened a suspense account to enable him to proceed with preparation of the draft final accounts.
Ans suspense account
180 bal b/d 200
65 45
== ==
MY DOUBTANYBODY knows why the bal b/d 200 is on the credit side, and not the debit side?? since if bal c/d is 200 at the cr side ,then bal b/d should be 200 on the dr side right??? i spent 1 day thinking this, why is this so complicated?!!!!
QN The trial balance did not agree (debit total=95000; cr total =94800).He opened a suspense account to enable him to proceed with preparation of the draft final accounts.
Ans suspense account
180 bal b/d 200
65 45
== ==
MY DOUBTANYBODY knows why the bal b/d 200 is on the credit side, and not the debit side?? since if bal c/d is 200 at the cr side ,then bal b/d should be 200 on the dr side right??? i spent 1 day thinking this, why is this so complicated?!!!!
