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Posted by Shreyansh Singh 8 years, 6 months ago
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Sahdev Sharma 8 years, 6 months ago
A suspense account is an account in the general ledger in which amounts are temporarily recorded. The suspense account is used because the proper account could not be determined at the time that the transaction was recorded.
Posted by Shivansh Singh 8 years, 6 months ago
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Preeti Mishra 8 years, 6 months ago
Sahdev Sharma 8 years, 6 months ago
A commercial document issued by the seller to the buyer when cash is received as a payment.
Posted by Tavishi Srivastava 8 years, 6 months ago
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Sahdev Sharma 8 years, 6 months ago
A debenture is one of the capital market instruments which is used to raise medium or long term funds from public. A debenture is essentially a debt instrument that acknowledges a loan to the company and is executed under the common seal of the company.
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Manish Gandhi 8 years, 6 months ago
Closing stock will not to be consider while preparing trial balance.
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Manish Gandhi 8 years, 6 months ago
Payables are person to whom we owed money.
eg; Creditors and Bills payables
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Shivam Bhardwaj 8 years, 6 months ago
1Thank You