What is the purpose of a suspense account?

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The purpose of a suspense account is for temporary recording of those transactions which cannot be identified at the time of recording of transactions.

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Suspense Account

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What is the purpose of a suspense account?

The purpose of a suspense account is for temporary recording of those transactions which cannot be identified at the time of recording of transactions. Also read: Suspense Account Learn about more questions and answers on business studies and various other commerce topics from our website.

The purpose of a suspense account is for temporary recording of those transactions which cannot be identified at the time of recording of transactions.

Also read:

Suspense Account

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