Need an accountant (Test question)

4 replies
Found 17th Jun 2007
I get C when apparently the answer is A. anyone know why?


A limited liability company’s trial balance does not balance. The totals are:

Debit $384,030
Credit $398,580

A suspense account is opened for the difference.

Which of the following pairs of errors could clear the balance on the suspense account when corrected?

A Debit side of cash book undercast by $10,000; $6,160 paid for rent correctly entered in the cash book but
entered in the rent account as $1,610.

B Debit side of cash book overcast by $10,000; $1,610 paid for rent correctly entered in the cash book but entered
in the rent account as $6,160.

C Debit side of cash book undercast by $10,000; $1,610 paid for rent correctly entered in the cash book but
entered in the rent account as $6,160.

D Debit side of cash book overcast by $10,000; $6,160 paid for rent correctly entered in the cash book but entered
in the rent account as $1,610.

5 Comments

Some font issues there!

Original Poster

weird

Original Poster

oh my god, what a dumba$$

fungus

oh my god, what a dumba$$



You worked it out?

I took one look and gave up! :-D

Original Poster

in case any of you care...I was reading it like the company was receiving rent instead of paying...something to do with not using my eyes.
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