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what is Suspence Account?

Answer Posted / jit mohan pareya

Some time it happens that the credit or debit which cannot
be sought, till than the amount is placed under suspence
account it is called suspense account.

Is This Answer Correct ?    5 Yes 8 No



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Dear All, Please reply ASAP. I have an account with SBI and ICICI bank. I have mention the Authorised bank address of SBI in our Shipping bill and GR. But we have received the Payments in ICICI Bank. Please inform who are able to realise the Bank Realisation Certificate (BRC)ICICI or SBI. Can SBI are quolify for refuse for BRC Application. Please reply of this query on jani_janikalpesh@yahoo.com regards Kalpesh Jani 9978912950

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