Question 7

If the balance on Suspense Account is of a material amount, then

  • A.it should be written off to the balance sheet
  • B.it should be carried forward to the next period
  • C.the error(s) should be detected before publishing the final accounts
  • D.it should be written off to the statement of Comprehensive income
Objective

Question details

Exam body
OAU
Subject
Financial Accounting
Year
2015/2016
Question no.
#7
Type
Objective

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