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Suspense account is used in the correction of

Accounts - Principles of Accounts
WAEC 2021

Suspense account is used in the correction of

  • A. all errors in the trial balance
  • B. errors that affect the agreement of a trial balance
  • C. errors that do not affect the agreement of a trial balance
  • D. errors that affect the accuracy of the net profit
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Correct Answer: Option B
Explanation
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