Accounting for IGCSE & O level - Accounting Procedures (Section 3 - No. 23)
Which of the following would be corrected with an entry that includes a debit to a suspense account?
The payment of $230 on credit to M Shah was debited to J Shah.
Drawings of $3,000 were not recorded.
A sales commission of $140 was misposted as $400.
A cash error of $45 had been omitted.
Explanation
A sales commission of $140 was misposted as $400.
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