Beruflich Dokumente
Kultur Dokumente
El-Hoss
www.igcseaccounts.com
www.igcseaccounts.com
Prepared by D. El-Hoss
Example:
The difference between the debit and credit totals is put into a SUSPENSE ACCOUNT in
the smaller of the two columns. If the debit column total is $12 000 and the credit column
total is $11 500, then the difference of $500 is put into the suspense account on the Credit
(smaller) side.
Trial Balance as at 31 December
$
1,000
300
500
Bank
Wages
Cash
Capital
Drawings
Purchases
Sales
Vehicles
Debtors
7,000
200
2,000
3,000
3,000
5,000
Creditors
12,000
1,500
11,500
www.igcseaccounts.com
$
500
500
380
240
31.12.X7 Difference
as per trial balance
1.1.X8 Bal. b/d
28.3.X8 Purchases
15.4.X8 Drawings
620
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$
500
500
500
50
70
620
Prepared by D. El-Hoss
Dr
Dr
Sales Account
$
31.3.98 Suspense
Dr
Purchases Account
28.3.X8 Suspense
Dr
$
50
Cr
$
380
Cr
$
240
Cr
$
www.igcseaccounts.com
Drawings Account
Cr
28.3.X8 Suspense
$
70
www.igcseaccounts.com
Prepared by D. El-Hoss
Details
20X8
February 5
Suspense
Dr
Cr
380
Motor Expenses
Narrative
Correction of overcasting
of motor expenses
March 8
Suspense
380
240
Sales
Narrative
240
www.igcseaccounts.com
Suspense
March 28
Purchases
Narrative
April 15
Drawings
Suspense
Narrative
www.igcseaccounts.com
50
50
70
70