Accountancy, asked by pranathivamshi1, 1 year ago

when a suspense account is opened?​

Answers

Answered by yuvrajmunjal1
2

Answer:

A suspense account is opened whenever you receive a payment and you cannot identify which invoice the customer wants paid or which customer made the payment. If your customer sent in a partial payment, contact the customer to find out which items or invoices the payment covers.

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