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what is Suspence Account?
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Answer Posted / jo
IF THE DEBIT SIDE OF THE TRANSACTIONS EXCEEDS THE CREDIT
SIDE THE DIFFERENCE IS TO BE CREDITED TO SUSPENSE ACCOUNT
ON THE OTHER HAD IF THE CREDIT SIDE EXCEEDS THE DEBIT SIDE
IT HAS TO BE DEBITED TO SUSPENSE ACCOUNT.
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Respective sir I'm bcom 1st sem student. I have very interest in banking sector. I finished my pu with 88% how I can prepare for banking exam (especially po)yet I have no any practice but I hope if I get good guidance I can pass my banking exam so kindly inform me how I can prepare for po exams. My email address is- 98anjuma@gmail.com. I'm really counting second when I will get ans by u. Thank you sir
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