ACCA考试《F3财务会计》讲义辅导17.docVIP

ACCA考试《F3财务会计》讲义辅导17 本文由高顿ACCA整理发布，转载请注明出处 14.2 Suspense account and the trial balance 　　●A suspense account is an account showing a balance equal to the difference in a trial balance. It is a temporary account. 　　14.2 Suspense account and the trial balance 　　●A suspense account is an account showing a balance equal to the difference in a trial balance. It is a temporary account. 　　Example: 　　On extracting a trial balance, the accountant of ETT discovered a suspense account with a debit balance of $1,075 included therein; she also found that the debits exceeded the credits by $957. She posted this difference to the suspense account and then investigated the situation. She discovered 　　1.A debit balance of $75 on the postage account had been incorrectly extracted on the list of balances as $750 debit. 　　2.A payment of $500 to a credit supplier, X, had been correctly entered in the cash book, but 　　No entry had been in the supplier’s account. 　　1.When a motor vehicle had been purchased during the year the bookkeeper did not know 　　What to do with the debit entry so he made the entry Dr. Suspense, Cr Bank $1,575. 　　2.A credit balance of $81 in the sundry income account had been incorrectly extracted on the list of balances as a debit balance. 　　3.A receipt of $5 from a credit customer, Y, had been correctly posted to his account but had been entered in the cash book as $625. 　　4.The bookkeeper was not able to deal with the receipt of $500 from the owner’s bank account, and he made the entry Dr. Bank and Cr. Suspense account. 　　5.No entry has been made for a cheque of $120 received from a credit customer M. 　　6.A receipt of $50 from a credit customer, N, had been entered into his account as $5 and into the cash book as $5. 　　What journals are required to correct the errors and eliminate the suspense account? 　Solution: 高顿财经ACCA