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What is the treatment of suspense …

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What is the treatment of suspense account in income statement?

    • Posted by Shubham Sharma 6 years, 11 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Aryan Gamer 6 years, 11 months ago

    Suspense account is not disclosed in income statement. It is shown in balance sheet. If suspense account has debit balance then it will ve shown on asset side and if it has credit balance then it will shown on liabilities side

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