प्रश्न-3 उचन्त खाता क्यों तैयार किया जाता है?
Why is Suspense Account created ?
Answers
अस्थाई पूंजी ka pta करने के लिए
Answer:
Accounting system can be organised by creating suspense account.
Explanation:
suspense account helps to keep our system organized .
Suspense account-
1) A suspense account is an account in the general ledger that is used to temporarily store transactions that require further analysis before a permanent assignment in the records can be made.
2) The use of a suspense account allows time to research the nature of a transaction while still recording it on the company’s books. Typical uses include:
1) Payments received with invalid account information, unclear information as to which invoice payments should be applied, or other issues that prevent their normal posting
2)In-transit transactions where money has been transferred to a supplier bank but not yet deposited into an account, or where money is received before a policy or contract is written
3)Booking of transactions before an allocation is made to the appropriate cost or profit centers
FINAL ANSWER - Accounting system can be organised by creating suspense account
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