Suspence A/c is ___________ Account?
a) Real b) Nominal c) Personal d) All
Answers were Sorted based on User's Feedback
Answer / mirza mujahid baig
d) all
suspense a/c means whenever Debit and credit balance does
not mach. at that situation suspence a/c will come for a
temporary to tally the balance sheet.
| Is This Answer Correct ? | 17 Yes | 3 No |
Answer / rakshanda tadse
suspense account may be of any type it may be real, personal, nominal.... according to the situation....
| Is This Answer Correct ? | 4 Yes | 2 No |
Expand ________ABAP
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Principles of accounting with atleast one example for each.
Expand------------STRA
What Does Suspense Account Mean?
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if a person join company on 01-04-04. after 5 year he is resigned on 31-03-09 and date of leaving is 14-04-09. Is he is on under gratuity payable or not? he is completed 5 years on 31-03-09. what is basis on calcultion on final settlement is date of resignation or date of leaving whcih is on 14-04-09.
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