suspense account willbe transfer to

Answer Posted / sneha pande.

you should find out the proper head, where its came from.
The unknown credit might involve in assets or liabilities or
revenue, first you should find best suspense account
location then automatically transfer to balance sheet.

Is This Answer Correct ?    14 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is the branding line of Bank of Baroda?

622


What Is Negative Amortization?

699


What is the difference between balance sheet and the income statement?

573


Are LIC policies used by people to save tax?

680


How these qualifications are helpful to you in discharging the duties of Officer Grade A?

706






What do you mean by 'plan expenditure'?

750


How is Economy,Industry and Company analysis is carried out by the Fundamental Investor?

2184


What do you know about the recent satellite launch?

672


What do you mean by crr & slr rate?

590


Define Call Money Rate?

650


What measures can be taken from rural development?

605


What is HDI? How is it calculated?

690


When was NABARD set up?

782


what is a good sales to stock ration for a retail store?

1949


State some points of Union Budget 2017?

648