Accountancy, asked by Troll1006, 1 year ago

Suspense account meaning and utility

Answers

Answered by dhwani3101
1

Explanation:

sometimes accountant didn't find there mistakes so they prepare temporary account which is known as suspense account

this account helps to close the balance sheet for temporary period

Previous Question
Next Question
Similar questions
Math, 6 months ago
Q. 16 men and 15 women can do a piece of work in 10 days , if 10 men can do the same work in 20 days then 5 women can do the work in how many days?​
Math, 6 months ago
How many tiles whose length and breadth are 12cm and 5cm respectively will be needed to fit in a rectangular region whose length and breadth are respectively: a. 200 cm and 144 cm b. 80 cm and 48 cm ​...
History, 6 months ago
The population of each state determines how many votes each state are assigned in the_...
Hindi, 1 year ago
Seema rekha ekanki ka moral...
Chemistry, 1 year ago
Which species can exist independently.
Biology, 1 year ago
What is the best way to catch a tadpole?
Biology, 1 year ago
How do you take care of your African dwarf frog?
Biology, 1 year ago
What is the size and weight of a bullfrog?