Q.A Trial Balance's debit column totals ₹6,45,000 and its credit column totals ₹6,38,500. The accountant opens a Suspense Account to proceed with preparing the Final Accounts. Pass the entry to open the Suspense Account, and explain what happens to it once the underlying error is found.

The gap between the two Trial Balance totals is temporarily parked in a Suspense Account exactly on the side needed to make both columns equal. …

Step 1 — Find the difference. Debit total (₹6,45,000) − Credit total (₹6,38,500) = ₹6,500. The credit side is short by this amount.

Step 2 — Open the Suspense Account on the shorter side. To make the Trial Balance agree immediately (so Final Accounts work is not held up), ₹6,500 is entered in the credit column against a newly opened 'Suspense A/c':

The Trial Balance now agrees at ₹6,45,000 on both sides.

Step 3 — What happens next. The Suspense Account is only a temporary parking place. As the accountant investigates and finds the actual one-sided error(s) causing the original ₹6,500 gap (for example, discovering that Rent A/c of ₹6,500 was debited correctly but never posted to the credit of Cash A/c at all), a proper rectifying journal entry is passed involving the Suspense Account, e.g.:

Suspense A/c …Dr. ₹6,500

To Cash A/c ₹6,500 …

Compute the exact difference between the two Trial Balance totals; open the Suspense Account on whichever side is short, for exactly that difference, so both totals become equal; understand that this …

Believing the Suspense Account is a normal, permanent ledger account like Cash or Capital — it is opened ONLY when the Trial Balance disagrees, exists only until the causing error(s) are found, an …