WAEC Accounting 2020 Paper

Concept:When an account is wrongly over-credited or over-debited, the excess amount is corrected through the Suspense Account.Explanation:The Sales Account was credited with $\mathrm{D}9,610$ instead of the correct amount of $\mathrm{D}9,160$.This means the Sales Account is over-credited by $\mathrm{D}9,610 - \mathrm{D}9,160 = \mathrm{D}450$.To reduce this excess credit, the Sales Account must be debited with $\mathrm{D}450$.Since no other real ledger account is affected, the corresponding credit entry is made in the Suspense Account.Therefore, the correct journal entry is: debit Sales Account $\mathrm{D}450$ and credit Suspense Account $\mathrm{D}450$.Answer:Debit Sales Account $\mathrm{D}450$; credit Suspense Account $\mathrm{D}450$.This is Option C.