Pending the location of an error, the difference in the Trial Balance is posted to a __
- control
- profit and loss appropriation
- profit and loss
-
suspense
The correct answer is: D
Explanation
When a trial balance doesn't balance (meaning the total debits don't equal the total credits), there's an error somewhere in the accounting records. Until the error is identified and corrected, accountants use a suspense account to temporarily hold the difference.