If the trial balance shows a short credit the suspense account will have a _______ balance. 

Correct option is: (B) Real Account

Correct option is: (A) Personal Account

Correct option is: (A) Debit balance

Short Term Credit Medium-Term Credit (i) It refers to a loan not exceeding 2 years. (i) It refers to a loan not exceeding 2 years. (ii) It is taken to fulfill short-term requirements like...

(i) Ledger (ii) Bank Overdraft (iii) Ledger Posting (iv) L.F. No. (v) Credit Side

An account that is opened to transfer the difference in the totals of the trial balance is known as a suspense account.

Correct option is (b) Suspense

(i) Agree (ii) Disagree (iii) Disagree (iv) Disagree (v) Agree

In question return outward is given 4000 But in your solution you write it = 6000 2) closing stock is given 27300 outside the trial Balance and 8000 inside the...

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