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what is Suspence Account?

Answer Posted / pradeep kumar panigrahi

Suspence Account meance, you known if i given adavnce any
party (either he is a employee , either vendor) in cash.
but futher time he is given me bills either monthly
salary , than i diducted his advance than i given his clier
bills & salary , this time my cash balance in suspence.

Is This Answer Correct ?    6 Yes 18 No



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