A minor repair to a photocopy machine was paid in cash Correct-13075
A minor repair to a photocopy machine was paid in cash. Correct entry was made to cash account but no entry was made to other account. What will be the credit rffect of journal entry to rectify this error, if there is suspense account in trial balance?
This multiple choice question (MCQ) is related to the book/course vu mgt101 Financial Accounting. It can also be found in vu mgt101 Final Term - Quiz No.8.
A minor repair to a photocopy machine was paid in cash. Correct entry was made to cash account but no entry was made to other account. What will be the credit rffect of journal entry to rectify this error, if there is suspense account in trial balance?
Photocopy machine repair account
Suspense account
Photocopy machine account
Cash account