Accountancy, asked by jk6313343, 7 months ago

sespense account is which account​

Answers

Answered by Anonymous
11

Answer:

suspense account is a holding account found in the general ledger. Depending on the transaction in question, a suspense account can be an asset or liability. If it's an asset in question, the suspense account is a current asset because it holds payments related to accounts receivable.

MARK AS BRAINLIEST

Answered by Anonymous
1

Answer:

A suspense account is a holding account found in the general ledger. Depending on the transaction in question, a suspense account can be an asset or liability. If it's an asset in question, the suspense account is a current asset because it holds payments related to accounts receivable.

Explanation:

please mark me down as a brain liest

Similar questions