Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

how to pass entries for suspense account?

Answer Posted / sangeetha g

Suspense means unknown transaction. For exp, we have
received wire transfer without clear description, it means
unknow payment received from customer (unknown customer)

So the entry would be:
Bank Dr. *****
To suspenses account ******

Is This Answer Correct ?    28 Yes 10 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Mention what are the rules for debit and credit for different accounts to increase the amount in your business accounts?

1029


Explain me the difference between accounting and auditing?

1084


Explain what is ledger?

1050


WHAT IS MIS REPORT IN ACCOUNTS ? WHAT IS ITS USE IN ACCOUNTS & GIVE WITH AN EXAMPLE ?

2324


A manufacturer want to sale his product in Rs 110/ where his manufacturing cost is 100.what will be tax for the product in different way.If he want to sale his product outside the state then what will be the taxation way. I want to know as urgent.Hope you will describe me as brakewise statement with example.

1927


Do you know what qualities and skills make an account manager successful?

1029


Please guide in details about Payroll in Tally.erp9??

2199


How to make deductions of the employees from salary against the loan in AP module oracle R12

2132


How do you handle rejection?

1043


Tell me as a higher position in the accounting department, you will be responsible for overseeing other employees' accounts. What experience do you have in leadership and management that will prepare you for this responsibility?

929


What is absorption costing with defination? and what is marginal costin with defination?

2993


credit card expenses entry kisme pass karenge

1357


Explain fictitious assets?

986


Please explain what do you do to increase revenues? What are your tactics, techniques, and sales methods?

1012


Into which account do we close the revaluation account balance during the winding up of a company?

1920