Start learning →

If the trial balance does not tally, the difference is temporarily placed in the:

Acapital account
Bprofit and loss account
Csuspense account
Dbank account
Answer & Solution
Correct answer: C. suspense account
An untallied trial balance difference is parked in the suspense account.
Practise this question with Quill — AP Intermediate 1st Year →

Keep practising Financial Statements of Sole Proprietorship

Browse all Financial Statements of Sole Proprietorship questions for AP Intermediate 1st Year, or explore more Accountancy topics.

Start a Financial Statements of Sole Proprietorship lesson →