Accountancy, asked by pking7472, 2 months ago

what is the nature of suspense account​

Answers

Answered by rohitmalyadri19
1

Answer:

A suspense account is a holding account found in the general ledger. Depending on the transaction in question, a suspense account can be an asset or liability. If it's an asset in question, the suspense account is a current asset because it holds payments related to accounts receivable.

Answered by nandani1289
0

Answer:

suspense account

Explanation:

suspense account is the holding account found in the general ledger . depending on the transaction in que a suspense account can be assest a liability .

Similar questions