
A Suspense account has a balance of £450 debit.
What has caused this balance in the Suspense account?
Select ONE answer:
- motor expenses of £225, correctly entered in the cash book, and posted to Motor Expenses as a credit
- motor expenses of £225, entered in the cash book as a receipt and posted to Motor Expenses as a credit
- motor expenses of £450, correctly entered in the cash book, and posted to Motor Vehicles as a debit
- motor expenses of £675, entered in the cash book as a credit of £225 and posted to Motor Expenses as £225 debit
Show your workings to arrive at your answer, and explain and justify your reasons:
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This multiple-choice question is suitable for Accounting KS5 classes.
The answer is 1
- Correct
- Not correct
- Not correct
- Not correct
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