What Does Suspense Account Mean?
Answer Posted / vinod
Suspense Account is created to park the un-identified
entries. Example. The invoice number is quoted by customer
while making the payment. It will parked in the suspense
account untill we investigate and identify the invoice
number of the particular transaction.
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
Tell me the steps for Import and Export Thanks
Took goods from the shop for use at home. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?
what is mba tell me the more benefits in mba
when assessing the credit proposal of a prospective borrower if he gets internal rating below the hurdle rate what will you suggest as a banker
what is the global prameters why are you selecting for the negative posting period allowed, defalult value date,proposed fisal year
What is DRA in bank reconciliation.
Where the Cost of labour, Material used and sales scrap (if sales given)get effect in balance sheet
Define Salry for the following purpose 1.To calculate HRA
Can I check my Vantage credit score range online?
What is the Memorandum voucher?
HOW I CAN PREPARE A BALANCE SHEET OF A COMPANY ?
Expand CASA
fd redeem interest and principal entry in tally
Give me total Details of payroll calculation, payslip with examples.
is advance against FD or RD is treated as NPA .if EMI is not in scheduled . or classification of npa as per day is is made from sanction date or last payment date of repayment . please suggest me