Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

what is Suspence Account?

Answer Posted / venkat

If we don't know which account will come under DR or CR
then we post "Suspense A/C". to the respective DR or CR.

Is This Answer Correct ?    16 Yes 10 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is the value of inventory as per Financial Accounts (AS2) and as per Cost accounts? Someone told me that as per cost accounts only works costs is considered in CARR while for FA, AS2 is followed with cost or NRV whichever is lowewr? Please explain the difference.

2257


Expand DPCO

2122


Short Answer on __________Trade

1908


Why in partnership fundamental question will add Partnership salary for the year and per month salry add in the cr. Side of the p/l app a/c

1835


what is tds rate of WCT applay for sale tax ragistard company.

2590


bill to addres? ship to addres? rimit to address?

5811


4. Calculate the following from the particulars given below: i) Material Cost Variance ii) Material Price Variance iii) Material Usage Variance iv) Material Mix Variance v) Material Yield Variance Material Standard Actual Qty kgs. Price Rs Value Rs. Qty kgs. Price Rs Value Rs A 50 4 200 40 5 200 B 30 6 180 30 6 180 C 20 3 60 30 3 90 100 440 100 470 Loss 20 ----- 30 ----- 80 440 70 470

3152


WHAT IS MEANT BY FACTORING, TRESURY BILLS,BULLS, BEARS

2271


what are the difference between banking institutions and financial institutions?

2141


What is money measurement concept

2122


What type of questions are asked for Interview of Manager Finance in Airport Authority of India ?

1802


what is the nature of bill receivable and consignmenta/c

2414


why specifically inited states ?

1855


Prepare a trading account, profit and loss Account and Balance sheet form the following trail balance and other adjustments as on 31.12.2009 Adjustments: 1. Closing stock R 7060 2. Allow interest on capital at 6% p.a 3. Insurance prepaid Rs 60 4. Depreciate Building and furniture at 10% p.a. 5. Wages due Rs 40 6. Provide 10% RBD and 5% on debtors and creditors 4. From

2446


EXPAND_________SDJMC

2321