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Adobaw extracted a trial balance on 31st December 2005 and realized that the total of ...

Adobaw extracted a trial balance on 31st December 2005 and realized that the total of debit balance exceeded the total of credit balance. Pending investigation the difference should be
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  • A Debited to suspense account
  • B Credited to suspense account
  • C Debited to assets accounts
  • D Credited to asset account
Correct Answer: Option B
Explanation:

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