Cheryl was balancing the Trial Balance of the company. She found that the debit balance totaled $73,000 and the credit balance was $70,000. Cheryl decided to open a suspense account. On which side of the

Cheryl was balancing the Trial Balance of the company. She found that the debit balance totaled $73,000 and the credit balance was $70,000. Cheryl decided to open a suspense account. On which side of the suspense account will Cheryl record the difference of $3,000?

credit side
debit side
both sides
the difference is not recorded in the suspense account

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Cheryl was balancing the Trial Balance of the company. She found that the debit balance totaled $73,000 and the credit balance was $70,000. Cheryl decided to open a suspense acc…

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