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whtat is suspenses account
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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 |
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