Accountancy, asked by akansha8860, 1 year ago

what are suspanse account ​

Answers

Answered by GirlThug123
0

Hlo there !!!

The answer for ur question is....

●A suspense account is an account used temporarily or permanently to carry doubtful entries and discrepancies pending their analysis and permanent classification.

●It can be a repository for monetary transactions entered with invalid account numbers.

●The account specified may not exist, or it may be deleted/frozen.

Hope it helps u and mark me as brainliest.

akansha8860: thnx
GirlThug123: welcome
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