how to pass entries for suspense account?
Answer Posted / abilasha
Suspance account means the receipt or payment is nor provide the details of party or company name on that time we will record the suspance a/c. The entry is in a bank statement without name one party deposit the amount to account on that time entry is
Suspance A/c ......dr
To.bank A/c.....Cr
Like this........ K.... this my opinion by experience
Is This Answer Correct ? | 16 Yes | 7 No |
Post New Answer View All Answers
we can transfer stock between two firms with same name but prop. is different.
What are control ledgers? What are the purposes of maintaining it?
The claim recoverable has been settled with the insurance company for 2000.what is the actual stock lost value? Please give me in calculation.
under which ledger should i make opening work in progess and closing work in progress
Where should tds received should show in balance sheet?
TDS %AGE ON CALLIBRATION CHARGES BILL
I post Optional Voucher in Tally.ERP in which there is deduction of TDS is applied. But when I convert this voucher as regular voucher the TDS entry have to make again why so
Explain a time when you have not met your goal?
Opening stock 17499565 purchses 89693855 expanditure 1735800 deprciation 223309 patner salary 300000 interst paod 937500 provisions 119265 sales 91600120.adjustment 1 gross profit is 6.72percentage on sales.2.net profit is 3.10 percent on sales
What is computerized accounting?
Dear sir , 1-what is diffrence local tax & vat 2 -what is sales tax. tds. service tax challan & return due date(monthly & quartly, annually) 3- what is deprecation rate in company act 4-what is income tax latest limit-
What is meant by daily accrual and booking?
What qualification do you need to become an accounting professional?
How can you define departmental accounting?
Tell me what are the key tasks for account executive?