Question on: JAMB Accounting - 2024
Pending the location of an error, the difference in the Trial Balance is posted to a __
A
control
B
profit and loss appropriation
C
profit and loss
D
suspense
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Correct Option: D
The difference in the Trial Balance, pending the discovery of an error, is posted to a suspense account. This temporary account helps keep the Trial Balance balanced until the error is found and corrected.
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