Correction of Errors and the Suspense Account | Explained with Examples

[@zahaamuhamad]

Brother i have firstly watched this video early this year but it was a dissapointment. And after wasting time of watching other teaching videos of this Topic i also failed and also my teacher can't explain it they way I can understand, so i gave up upon this Topic, but after realizing that it can appear to our exam i decided to see your video for other time which is today, and I am very happy that i was able to balance the suspense account at last which is a very good Progress for me, THANK YOU VERY MUCH AND I PROMISE TO SHARE THIS TO ALL THE STUDENTS.... ( for other people( " you cannot catch up something at the same time, you take time, but concentration and your hard work makes perfect") ❤

[@toheebdaramola5634]

after going through so many videos and not understanding suspense accounts this really explained and showed me how to pass my exams thanks alot

[@Priceeyboy]

Studying AAT level 2 and had been struggling on suspense accounts. This video made everything easier to understand than my study text thanks.

[@NoreenFazal-w2d]

For those who are still confused on when to credit and debit the suspense account, let me tell you in simple terms. Basically you credit a suspense account when you aren't 100% sure that where the value has gone, and you debit the other affected account. And once you are sure where the value has gone, for example by asking your boss, you debit the suspense account and you credit the affected account. You are Welcome 😊

[@dreamers_78]

Thank you

[@AlekuruBrenda]

OMG thank you sir, i have managed to balance my suspense Alc, Im really so happy thank you so much

[@pearly__]

I'm speechless. I've been having problems on suspense accounts for as long as I can remember. Just watching your video made it so much easier. Thank you so much 💞💞 I really appreciate thisss 🥺🥺 I'm definitely going to watch all your videos
Love from Nigeria

[@AllieCarter2514]

Thanks for the clear explanation! I had not heard these terms before watching this and now I feel much more confident for my bookkeeping class.

[@leahmmoya3865]

Thank you so much, please do examples of correcting errors and suspense account using the pre and post-trial balances without additional transactions.🙏

[@faithyjacobson]

Finally understood this
Thank you so much.....

[@gaonekemane2957]

Thank you so much for simplifying, writting my exam in 2 days🎉

[@Counttuts]

Glad it was helpful!

[@lovedaychichi3525]

Thanks for the clear explanation of this topic

[@MosesMaholDotRing]

Thanks you so much, you have helped many people who have desire to be an expert Accountant.

[@Lily-kq4wi]

amazing explanation. ❤ thank u so much

[@zahaamuhamad]

Thank you very much ❤❤❤

[@hartosutomo1548]

Thank you so much!

[@abelmushili3083]

Well articulated sir❤

[@thetoblackrose]

This was so helpful. Thank you so much

[@dorothyorisakwe]

Thanks for your well explanations. I will appreciate if the topics followed accordingly.
I was expecting the follow up on accounting for beginners number 6 or is the suspense account the next? Thanks

[@rere4223]

This is very informative and well detailed explanation. Thank you!! Blessings🙏

[@mwesigwayobu9163]

Thank you so much 🙏

[@MagiboCalvin]

Thanks very much for simple explanation

[@charton2752]

Thanks for The lessons really helpful
And kindly asking if you have lessons on Bank reconciliations and statements of cash flows

[@awebwasheila1594]

for real.. i need it too

[@awebwasheila1594]

thanks good teacher... i've really understood this

[@ntokozomavhankeni4029]

Always helpful

[@GraceEhizojie]

Great video sir. But how do i solve when the questions have depreciation?

[@princeblac]

anx for clear explainations

[@lavender-ib3sw]

Thank u so much so happy rn alhamdhulilahi

[@Landoz19]

thank you,well explained

[@hillarywenyimo21]

Thanks bro it was really helpful

[@AmumpiireIsaac]

Thanks so much❤

[@tumeloramohlabi4849]

Does opening invertory and closing inventory affect profit and how

[@3x087]

🎉🎉🎉thank you so much. That is very great Video,I completely understand now

[@masikadianah8626]

Thank you ❤

[@niloyghosh6495]

Sir if cash sales is overcasted in cash book than it will not affect the trial balance right? As cash sales are recorded in sales account from cash book. So if cash book is wrong than sales account is also wrong leading the trial balance to match?

[@AndrewMabvura]

But why are you doubling the amount to correct an error which concern with banks only?

[@AliethFortidas-yw1ym]

Thanks ❤

[@amonivihinda9261]

Thanks a lot. ❤

[@tatendamawoneke9707]

thank you

[@Derea-Edina]

Woooiw thank you

[@arituquah9397]

Great video. Thanks

[@MwanjaDaka-t9c]

Am able to understand

[@VeronicaKaluwin]

Short replenish of Petty cash

[@shadiahnamugerwa4472]

Thanks 😊 🫂 🙏 😊

[@Mgtv832]

❤😢😮😅😂😊

[@kameelahsanni8702]

Alhamdulilah 🥹 i got itttt
Alhamdulilah