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What is suspense account ??

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What is suspense account ??
  • 2 answers

Himanshu Pandey 2 years, 11 months ago

@Riya Pal for more details and better understanding ........Jb koi entry trace ni hi pati.. Jaise bank me paise aye lekin pta ni hai k konsi party se aaye to kuch time k liye suspense account me daal dete hai Jb clarity aa jati to relevant account me post kr dete hai

Purvansh Gupta 2 years, 11 months ago

Suspense accounts contain entries where there are uncertainties or discrepancies. For example, if an individual makes a deposit but accidentally writes down an account number incorrectly, that money will be housed in a suspense account until the error is corrected.
http://mycbseguide.com/examin8/

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