A debit cash balance of N26,900 was brought down as N24,300. The entries necessary to correct the error are
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- A Debit cash account N5,200, credit suspense account N5,200
- B Credit cash account N5,200, debit suspense account N5,200
- C Debit cash account N2,600, credit suspense account N2,600
- D Credit cash account N2,600, debit suspense account N2,600
- E Credit cash account N2,600, debit bank account N2,600
Correct Answer: Option D
Explanation:
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