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how to pass entries for suspense account?
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Answer Posted / abilasha
Suspance account means the receipt or payment is nor provide the details of party or company name on that time we will record the suspance a/c. The entry is in a bank statement without name one party deposit the amount to account on that time entry is
Suspance A/c ......dr
To.bank A/c.....Cr
Like this........ K.... this my opinion by experience
| Is This Answer Correct ? | 16 Yes | 7 No |
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