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WHY IS THIS SUSPENSE ACCOUNT DONE LIKE THIS?!!!!

 
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WHY IS THIS SUSPENSE ACCOUNT DONE LIKE THIS?!!!!
Azeem Shah Khan
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#2
04-11-2006, 04:42 AM
<blockquote id="quote"><font size="1" face="Verdana, Tahoma, Arial" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by leopig</i>
<br /><font size="4"><font size="4"><font size="4"><font face="Courier New"> <b>OMG I am damn stress nw,if there's a qn saying " 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
== ==

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?!!!!</b></font id="Courier New"></font id="size4"></font id="size4"></font id="size4">
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

Did you manage to come to a conclusion on the next day or are you still thinking?

B/D or B/F is always the heavier side on the account, this is nothing but a study - exam thing. You dont really need to write b/c or b/d if you put the numbers in the write slots.

Cheeeeers



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Messages In This Thread
WHY IS THIS SUSPENSE ACCOUNT DONE LIKE THIS?!!!! - by leopig - 04-11-2006, 02:20 AM
[No subject] - by Azeem Shah Khan - 04-11-2006, 04:42 AM
[No subject] - by maani - 04-11-2006, 04:33 PM
[No subject] - by leopig - 04-12-2006, 11:39 AM
[No subject] - by ausmanpk2001 - 04-13-2006, 08:21 AM
[No subject] - by ausmanpk2001 - 04-13-2006, 08:34 AM
[No subject] - by leopig - 04-14-2006, 02:03 PM

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