Question

500 Due by mr.q journal entry

Answer 1

Answer:

If what you are looking for is a rectification entry then it is

 Sundry Debtors A/c   Dr    500

       To Suspense A/c            500

Explanation:

Now, in the question there is no clarity as to why this amount is due.

If there is a sale due to which the amount is owed by Mr Q them entry will be

Mr Q A/c  Dr

   To Sales A/c

The account due to which Mr Q owes this amount is to credited.

Answer 2

Answer:

trade receivable A/c Dr

To suspence A/c