whtat is suspenses account
- 6 Answers
- 7516 Views
- Su Kam, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / ch.ravi
suspence a/c is a temporary a/c to retifiy the errer in
trail balance
| Is This Answer Correct ? | 7 Yes | 3 No |
Answer / nagu
an account used temporarily to carry doubtful receipts and
disbursements or discrepancies pending their analysis and
permanent classification
| Is This Answer Correct ? | 5 Yes | 1 No |
Answer / san_panigrahi
suspenses account is a short_term & tempoary account, which
is depoist only shortterm & security depoist, untill a
permant decession is nt made about their allocation.
| Is This Answer Correct ? | 6 Yes | 3 No |
Answer / deepak joshi
suspenses account is a nominal account. this is created
when both sides of trail balance is not matched.this
account opened to checked for mathematical purity.
| Is This Answer Correct ? | 4 Yes | 2 No |
Answer / ravi
Suspense A/C is a Temporary a/c which can rectify in future
means in that financial year to adjust.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / narasimha
due to some reasons trial balance may not tally the
defference amount temprarly transfered to one special
accountant these called suspenses accountant
| Is This Answer Correct ? | 0 Yes | 0 No |
Need to know the treatement of Pre-Operative Expenses and preliminary expenses. How would you differentiate these two?
what is corporate assesse
how to reverse the receipt cash entry & contra is also passed for it in tally erp 9
Hey guyz I m looking for a Job in Accounts Sector can anyone help me I hve 2 yrs of work experience...
What will be JV of if gets discount received from my vendors and as well as I allowed discount to my customer? What will be the journal entry in these both cases. Pls. give the answer, it's urgent.
Is it possible to change the accounting period under Indian GAAP from 1/Apr-31March to 1/January-31/December? There is any restriction in doing that, i mean for example for fisal purposes? Thank you all!
wat is the golden rule of accounting
12 Answers Capital IQ, Reliance,
Payment made to creditors is a
How Many Methods of Depriciation & Which are those ??
being a b.sc(biotechnology) student, am i eligible to work in accounting sector. If yes what all i need to do.???
What is Share Premium?
If closing stock is given in adjustments, how we show in tally 9.0 ?
Audit 
