To correct an error, the purchases account was debited while Suspense account was credited. Which…

Accounts - Principles of Accounts WAEC 1997

To correct an error, the purchases account was debited while Suspense account was credited. Which of the following was the cause of the error?

  • undercasting of purchase checkmark
  • overcasting of purchases
  • original entry
  • transportation of returns outwards
  • omission of creditor's balance

The correct answer is: A

Explanation

No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn.
Previous Question Next Question

Leave A Comment