During the preparation of Adaeze Enterprises' trial balance, the bookkeeper discovered that the total of the debit column exceeded the credit column by ₦47,500. Which of the following is the CORRECT initial accounting entry to record this difference?

When the debit column exceeds the credit column, the trial balance is out of balance with excess debits. To make the trial balance agree, the suspense account is credited with ₦47,500, temporarily holding the difference until the error is located and corrected. A debit entry in the suspense account would be made if the credit column exceeded the debit column.