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Question

If the trial balance does not agree, difference of the trial balance is placed to ________ account.
Real
Suspense
Personal
Rectification

A

Real

B

Personal

C

Suspense

D

Rectification

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Solution

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Trial Balance is prepared by taking the balances of all ledger account. Trial balance is prepared to check the arithmetical accuracy. If the total of debit and credit are tallied, it is proved that the books are arithmetically accurate.

If the trial balance does not agree, difference of the trial balance is placed to suspense account.

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