JAMB Accounting 2022 Objective — Question 10

Question 10 of 40 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2022 Objective paper, with the correct answer and a full explanation.

The suspense account is used to correct errors that fail

A. trial balanceCorrect
B. ledger
C. balance sheet
D. receipt and payment account

Explanation

A suspense account is used to correct errors that cause the trial balance to fail to balance.

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