Question

If the total credits exceed the total debits in a trial balance, where is the difference entered?

Options

• Debit side of Suspense Account

• Credit side of Suspense Account

• Asset side of Balance Sheet

• Profit and Loss Account

Answer 1

Debit side of Suspense Account

Explanation:

If the credit total is more, the difference is put on the debit side of the Suspense Account to temporarily balance the books.