What is suspense Account?
Answer Posted / laxman
suspense account is an account when the trail balance is
shown different between debit and cridet balance that time
the suspense account will use temperorly for equal debit
and credit balance for closing the financial accounts.
| Is This Answer Correct ? | 216 Yes | 24 No |
Post New Answer View All Answers
Dear Sir, My qus is my co. purchase a laptop from Abc.co. for rs-37200 on credit Emi basis from hdfc bank. i paid every month 6200rs as a installment. so i want to know how i make a entry in tally 9. and also want to know i creat laptop ledger under fixed assets or office expenses. plz tel me soon.or mail me .
explain Dual entry concept
Provision of Bad Debts is made in compliance with the convention of -----------
Your company code use USD as the company currency. You are trying to post to an account in EUR but get an error message that you can see the problem. What is the reason?( any 1 answer) • The currency maintained in the account master record is USD • The translation rate between EUR and USD is NOT maintained • The only balances in local currency indictor is set in the account. • The account determination for exchange rate difference is missing for the account
total capital stock
In Oracle Applications will Translation will create any journal entry then what is the journal entry what are the accounts affected
what is the difference between Assets Allocation & Security selection?
Why it is necessary to use SAP in an industry? & What is the difference from other advance accounts software like Tally ERP 9? What is the importance of using GAAP for best management decission or why GAAP using by Top Management?
Expand RMP
As a fresher in oracle finance can a get a job in oracle finance n what type of questions can they ask me as a fresher...oracle finance...
I want to know that if i get call from Mumbai Circle in SBI. what does it mean where will be my posting and my job profile, will i get accomodation from bank or not.
What Question ask in MARKIT Company?
what are the questions commomly asked in reuter's interview.?
Expand-------NSAC
Process of the settlement cycle?