What can the maxium amount transfer to the Suspense a/c?
- 1 Answers
- 3761 Views
- BPO, Outsource Partners International, I also Faced
- E-Mail Answers
Answer Posted / sharath
There is no maximum limit in a suspense account. That does
not mean that all the un reconciled amounts are transfered
to suspense, they have to be reconciled and only the rest
can be posted. The amount to be posted can be decided based
on the size of the business.
| Is This Answer Correct ? | 15 Yes | 0 No |
Post New Answer View All Answers
Clasify capital
ACCOUNTING CONCEPTS AND CONVENTIONS
How to reconsile vendor accountswhat to add and subtract is there any standard form please get me answer
WHICH IS MORE RISKY TO A BANKER, A CASH CREDIT OR A LETTER OF CREDIT
what is the use of accounting standards
how to download online - old ECR CHALLANS
why funds management doc is generated during migo and miro
What is the working formula for Working Capital Turnover
what are the payroll procedures?
what is the procedure for issuing th C form
Indian Iran Gas pipeline
Suresh agreed to adjust Ramesh due amount of Rs 15000- from his credit balance
What are the stages involved while preparing business blue print with examples?
You use the accounts approach for parallel valuation in a new G/L system. If you used the ledger approach instead. Which objects would be different? ( any 3 answer) Chart of accounts Financial statement version Depreciation areas Asset classes Leading ledger
what is cost centre , job costing & Budget control. what is the effect of these.Explain its briefly.
