Accounting Fundamentals A Guide To Learning The Basics Of Error Correction And Suspense Account

Download or read book Accounting Fundamentals: a Guide to Learning the Basics of Error Correction and Suspense Account written by Marcel Woulard and published by . This book was released on 2021-09-16 with total page 77 pages. Available in PDF, EPUB and Kindle. Book excerpt: Suspense accounts and error correction are popular topics for examiners because they test understanding of bookkeeping principles so well. A suspense account is a temporary resting place for an entry that will end up somewhere else once its final destination is determined. In this book, you will discover ways to identify different types of errors in accounting and how to correct them. Some errors are shown by the trial balance and the use of a suspense account. Other errors are not detected in the trial balance. It is made up of explanations as well as fully worked examples and practice questions with worked answers. And so much more! Scroll up and click the "Buy now with 1-Click" button to get your copy now!