Question

what is suspense account​

Answer 1

Deccan always the best manager has suspicion that this account is of containing black money in many amount this account can be taken suspicion at it has some territories activity and it many regarding the facilities on it has broken the rule of and condition of the bank .

Answer 2

Definition of Suspense Account

A suspense account is a general ledger account in which amounts are temporarily recorded. The suspense account is used because the appropriate general ledger account could not be determined at the time that the transaction was recorded.

As soon as possible, the amount(s) in the suspense account should be moved to the proper account(s).