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प्रश्न
The difference of totals of both debit and credit side of trial balance is transferred to ____________.
पर्याय
Trading account
Difference account
Suspense account
Miscellaneous account
MCQ
रिकाम्या जागा भरा
उत्तर
The difference of totals of both debit and credit side of trial balance is transferred to Suspense account.
shaalaa.com
Suspense Account
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संबंधित प्रश्न
Write a note on the suspense account.
While preparing the trial balance, the accountant finds that the total of the credit column is short by ₹ 200. This difference will be __________.
From the following balances, prepare trial balance of Baskar as on 31st March, 2017. Transfer the difference, if any, to the suspense account.
| Name of the account | ₹ | Name of the account | ₹ |
| Opening stock | 40,000 | Debtors | 25,000 |
| Capital | 90,000 | Carriage inwards | 16,500 |
| Sales | 1,77,200 | Bills receivable | 20,000 |
| Salaries | 12,000 | Commission received | 5,550 |
| Bills payable | 9,450 | Cash at bank | 17,000 |
| Telephone charges | 2,350 | Furniture | 19,000 |
| Creditors | 16,000 | Plant and Machinery | 55,800 |
| Purchases | 85,000 | Repairs | 550 |
