Accountancy, asked by mehta1498, 11 months ago

what is the treatment of suspense account in the final accounts?

Answers

Answered by clicker786

0

Answer:

the suspense account is created when the trial balance does not agree on both sides.. hence the difference is recorded in the trial balance.

also a suspense account is opened when there has been a mistake/error is posting the transaction in the book of accounts

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