Cheryl was balancing the Trial Balance of the company. She found that the debit balance totaled $73,000 and the credit balance was $70,000. Cheryl decided to open a suspense account. On which side of the suspense account will Cheryl record the difference of $3,000?
credit side
debit side
both sides
the difference is not recorded in the suspense account
+5
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Cheryl was balancing the Trial Balance of the company. She found that the debit balance totaled $73,000 and the credit balance was $70,000. ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Home » Business » Cheryl was balancing the Trial Balance of the company. She found that the debit balance totaled $73,000 and the credit balance was $70,000. Cheryl decided to open a suspense account.