suspense account

ok, bit stuck. having a blond moment :(

if my suspense account is in a credit - do i need debit entries on the adjustments on a trial balance to correct it?

i am re-reading old stuff and i cannot find the answer what i am looking for.

Cheers Tracy

Comments

  • AK002
    AK002 Registered Posts: 2,492
    If your suspense is a credit you will need to Dr the suspense account (bringing in to 0) and Credit the correcting entry..
    DDOROURKE123
  • taskey
    taskey Registered Posts: 1,800
    that is what i thought, thanks

    was just a bit confused.com

    tracy
  • mark130273
    mark130273 Registered Posts: 4,234
    taskey wrote: »
    that is what i thought, thanks

    was just a bit confused.com

    tracy

    i find that sometime....the most simple things just completly slip your mind....than about 2 hours later when your not thinking about it ......pop...straight in your head and the lightbulb lights up like a big christmas tree !
  • taskey
    taskey Registered Posts: 1,800
    it feels like that sometimes, i also think when you have something set in your mind you cannot see the logical way it should be.

    Thanks again

    Tracy
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