Question

suspense account is a ..... (A)real account (b) personal account (c) nominal account (d) any of these​

Answer 1

Real account

A suspense account is a record where you record unclassified exchanges. The account briefly holds passages while you conclude how you will characterize them. A suspense account can likewise hold data about inconsistencies as you accumulate more information. At the point when you open a bookkeeping tension record, the exchange is considered in anticipation. You can open a bank balance to hold assets for suspense accounts.

Answer 2

A suspense account is an account in which all of these exist.

Detailed answer

So from the given options, the most suitable answer is any of these but the better answer is all of these.

• As all of these exist in a suspense account. It completely depends on the situation that is going on.
• A suspense account is usually used as a temporary account, it is usually used when the amounts are temporarily recorded.
• So then it automatically becomes a personal account as it is a personal account that is used for a short period of time.
• It can be very well nominal account as the nominal account is created for one fiscal year so it is practically the same according to the situation.
• It is basically a real account of a particular person.