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Where should i put suspense a/c …

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Where should i put suspense a/c in financial a/c

    • Posted by Rose Srivastva 6 years, 11 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Abhik Khare 6 years, 11 months ago

    Commonly suspense a/c is closed before forming of final a/c. If suspense a/c is not closed. it shows in asset side if there is debit balance or in liability side if there is credit balance.

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