Accountancy, asked by khushbugattani2004, 5 months ago

what is suspense account ? write it's usage of rectifying the errors

Answers

Answered by VarunTejdharavath
1

Answer:

Suspense Account

When the trial balance does not tally due to the one-sided errors in the books, an accountant puts the difference between the debit and credit side of the trial balance on the shorter side as the Suspense A/c.

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Answered by yandapallydurgareddy
0

Answer:

the difference between the dividend the credit total seat be transferred to an account called suspense account

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