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What is the diffrence between Suspense a/c and imprest a/c

Question Posted / mohit

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What is the diffrence between Suspense a/c and imprest a/c ..

Answer / k. srinivasa rao

Imprest account means advance paid for expenses and suspense
account means amount paid but not recoverable (doubtfull)

Is This Answer Correct ?    8 Yes 1 No

What is the diffrence between Suspense a/c and imprest a/c ..

Answer / vivek

imprest a/c means recoverable advance while suspense a/c
means unrecoverable amount

Is This Answer Correct ?    7 Yes 2 No

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