Question

1. suspence account is opened when :
(a) balance sheet does not match.
(b) trial balance does not match.
(c) total of sales account does not agree.
(d) none of these.

Answer 1

Suspense Account is created when Trail Balance does not match. [Option B]

Despite the accountants best efforts the trail balance may sometimes not match. So difference between the credit & debit totals is transferred to an account called suspense account.