Journal Entry: Highland Corporation's trial balance shows debit total $240,000 exceeding credit total by $2,000. Record the suspense account balance.
Journal Entry: Highland Corporation's trial balance shows debit total $240,000 exceeding credit total by $2,000. Record the suspense account balance.
Chapter7: Accounting Information Systems
Section: Chapter Questions
Problem 5EB: Catherines Cookies has a beginning balance in the Accounts Receivable control total account of...
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
Transcribed Image Text:Journal Entry: Highland Corporation's trial
balance
shows debit total $240,000
exceeding credit total by $2,000. Record the
suspense account balance.
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