Suspense Accounts | Errors Affecting the Trial Balance | General Journal: Part Three |

🔍 Errors Affecting the Trial Balance & The Use of the Suspense Account Explained! 📊
Are you struggling to understand why your trial balance isn’t balancing? In this video, we break down the common errors that affect the trial balance and show you how the suspense account can help identify and correct them.
✨ What You’ll Learn:
✅ Incorrectly Computing the Accounts
✅ Making an Entry on the Debit Side but Not on the Credit Side
✅ Entering Different Amounts on the Credit Side from the Debit Side
✅ The Role & Use of the Suspense Account
We’ll guide you through real-life examples and step-by-step explanations to help you master this topic with ease. Perfect for students preparing for Principles of Accounts exams or anyone looking to sharpen their accounting skills.
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