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What is suspense a/c in balance ?

Answer Posted / mohit

when our a/c is not matched with another a/c so to end of
that diff. we have to create suspense a/c.

eg.- we check bank statement with our own book statement to
match.if there is any amt. which is not found in our or
bank a/c is called suspense a/c.but it is not made for long
time.

Is This Answer Correct ?    2 Yes 1 No



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