The medium of correcting errors whose differences are shown in the trial balance is by the use of?

  • A debtors' account
  • B creditor's account
  • C suspense account
  • D ledger account
jamb 2011accounting

The correct answer is C. suspense account

A suspense account is an account used to temporarily store transactions for which there is uncertainty about where they should be recorded. It is also used in correcting some errors that are shown or revealed by the Trial Balance

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