what is Suspence Account?
Answer Posted / jit mohan pareya
Some time it happens that the credit or debit which cannot
be sought, till than the amount is placed under suspence
account it is called suspense account.
Is This Answer Correct ? | 5 Yes | 8 No |
Post New Answer View All Answers
You are required to show the effect of each of the following changes on profit and Break-Even-Volume from the information given below: Sales 50,000 units Rs. 5.00 per unit Variable cost Rs. 3.00 per unit Fixed cost Rs. 70,000 Changes: (i) Price changes by 20%. (ii) Volume decreases to 40,000 units. (iii) Variable cost increases to Rs 3.50 per unit. (iv) Fixed cost decreases by 10%.
WHAT IS THE DIFFERENCE BETWEEN COST CONTRL & COST REDUCTION
after directing tally 9 to calculate interest as per 30 day option basis on a loan account.........,it still calculates interest as per calender month when checked on to display>statements of accounts>interest payable in tally 9 ...where is the error?? how to correct the function.
Can anybody send me Interview questions & Answers to me IN Accounts & finance my Mail ID - virupaksha_krt@rediffmail.com
The Closing stock balance on the cr side of Tarding Proft and Loss A/c due to this our revenue so when we isued the material or used in production then whats happen with closing stock(I think Closing Stock will dr after Isuabce/use materil in Production)if its correct tell me
If DEBT/EQUITY ratio 2:1, is to good or bad for a company? how...??? can u explain it...???
what are the purpose for the preparation of cost centre ?
Short Answer on ______Amortization
How can fictitious assets be measured or valued?
what are the different kinds of cash books
describe the most complex challenge that you have faced and how you managed it
Clasify Loss
If its is declared by auditor that business is not going concern that what journal entry will be pass?
How to caluculate the value of Corporate Profit, the value of personal savings and the value of indirect tax?
Your company code use USD as the company currency. You are trying to post to an account in EUR but get an error message that you can see the problem. What is the reason?( any 1 answer) • The currency maintained in the account master record is USD • The translation rate between EUR and USD is NOT maintained • The only balances in local currency indictor is set in the account. • The account determination for exchange rate difference is missing for the account