according to double entry system there are three types of account... so what i

according to double entry system there are three types of
account... so what is the nature of suspense account??

Question Posted / ravi.harjai2009

1 Answers
4927 Views
I also Faced
E-Mail Answers

according to double entry system there are three types of account... so what is the nature of susp..

Answer / ravi.harjai2009

suspense account is changed according to the what type of
error was happing in the trial balance...
i.e.--when the error in trial balance was personal nature
so suspense account is also assume as a personal nature..

Is This Answer Correct ?

5 Yes

3 No

Post New Answer

More Accounting AllOther Interview Questions

concepts of accounting

5 Answers Genpact,

what is the process to return sales tax file?how can i prepared s.t. file?what should be qualification for it?

0 Answers

what is journal entry for bank charges

25 Answers Bhoruka Aluminium, Genpact,

EXPAND___________NHAI

1 Answers

how to calculate valuation of closing stock

1 Answers

Expand MNS

0 Answers

EXPAND___________MRP

2 Answers

HI, FREINDS, I WANT TO KHOW IS THE CFP (CETICFIED FINANCIAL PLANNER) IS A GOOD COURSE, IS THEY ANY INSISTUTE IN HYDERABAD,IF ANY ONE DOING THIS COURSE PLEASE REPLY ME.

0 Answers Genpact,

EXPAND___________MLM

2 Answers

EXPAND_________TIN

3 Answers

Short Answer on _________________City Compensatory allowance

0 Answers

cost accounting process

0 Answers

For more Accounting AllOther Interview Questions Click Here