Is a suspense account an asset?

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The suspense account is considered as a current asset as most of the times it is used to record transactions related to accounts receivables.

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Suspense Account

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Is a suspense account an asset?

The suspense account is considered as a current asset as most of the times it is used to record transactions related to accounts receivables. Also read: Suspense Account Learn about more questions and answers on business studies and various other commerce topics from our website.

The suspense account is considered as a current asset as most of the times it is used to record transactions related to accounts receivables.

Also read:

Suspense Account

Learn about more questions and answers on business studies and various other commerce topics from our website.