What Does Suspense Account Mean?
Answer Posted / rajani
when the debit and credit balances do not match in the
trial balance the difference is transfereed to the suspense
account, the difference can arise to the errors in the book
keeping.
later rectification of errors is done to nulify the
difference
Is This Answer Correct ? | 5 Yes | 2 No |
Post New Answer View All Answers
tell me about roll model as father
Received an order from Babu for the supply of goods Rs.200/-. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?
Expand-------MTRS
what s BSPL and its significance?
What is meant by Nostro Reconciliation
WHAT IS INTEGRAL ACCOUNTING
what type of questions are asking for fund administration???
With a 600 credit score, how to improve my credit rating score?
WHAT IS PROSPECTUS?
who is the pramotar?
Expand SOIT
if a person join company on 01-04-04. after 5 year he is resigned on 31-03-09 and date of leaving is 14-04-09. Is he is on under gratuity payable or not? he is completed 5 years on 31-03-09. what is basis on calcultion on final settlement is date of resignation or date of leaving whcih is on 14-04-09.
What do you define in customizing for the payment program? FBZP (Any 2 Answer) • Bank subaccount ( BANK DETRMINATION SCREEN. ACCOUNTS) • Forms of the payment media ( PAYING COMPANY CODE) • Available amount (BANK DETERMINATION, AMOUNTS) • Assignments for the profit center • Prerequisites for the debit balance check
what is automatic payment in sap fico
What is the Technology used to carry out trades?