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ajijah
Feb 16, 2009, 12:51 AM
Why is the trial balance having credit side as an expenses? I have to create suspense account to balance off... please help

ROLCAM
Feb 16, 2009, 03:24 AM
These emanate from refunds received
From expenses.
You do not need to create suspense accounts to deal with them.
What you should do is net them against the
Debits that are shown as expenses.