What is suspense Account?
Answer Posted / luv
suspense account is a temporary account which is being
opened if we dont know the party name if chq is recievd on
account of sale and paid on account of purchaseso that we
can trace the difference and make it coorect the entry in
future by replacing the party name therein
Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
what is a Depository Participant?
How to reconsile vendor accountswhat to add and subtract is there any standard form please get me answer
What is 100% EOu? what is the benifit and what is difficulty of it?
what are the accounting ratios
You use the accounts approach for parallel valuation in a new G/L system. If you used the ledger approach instead. Which objects would be different? ( any 3 answer) Chart of accounts Financial statement version Depreciation areas Asset classes Leading ledger
Expand-------MTRS
What is Analysing
hey! i have an interview for PO in union bank on 11th feb. can anyone please tell me what major topics should i prepare for? of course npa is there. also cibil and basel basics. is there anything else i should prepare?
What is meant by Revenue Loss
I am going for interview in Cross domain for Finance & Accounts opening. If any one having any question paper or question that might be asked in interview pls send me on my mail id -ruchi_singh759@rediffmail.com, or here.
explain the financialand economic meaning of investment?
What elements of your job do you find most difficult
• What is depreciation and the method?
Which Exchange determine Foreign ?
how Mis reports are used?n why it is used ? explain