A debit cash balance of N26,900 was brought down as N24,300. The entries necessary to…

A debit cash balance of N26,900 was brought down as N24,300. The entries necessary to correct the error are
  • A.
    debit cash account N5,200, credit suspense account N5,200
  • B.
    credit cash account N5,200, debit suspense account N5,200
  • C.
    debit cash account N2,600, credit suspense account N2,600
  • D.
    credit cash account N2,600, debit suspense account N2,600
  • E.
    credit cash account N2,600, debit bank account N2,600
Correct Answer: Option D
Explanation
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