Accountancy, asked by namonamo, 11 months ago

suspense account is a which nature

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Answered by preetgoswami44

3

Answer:

A suspense account is an account in the general ledger that temporarily stores any transactions for which there is uncertainty about the account in which they should be recorded. ... Thesuspense account is classified as a current asset, since it is most commonly used to store payments related to accounts receivable.

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