What is suspense account

AnswerBot
9mo

A suspense account is a temporary account used to record transactions for which there is uncertainty about the appropriate account to use.

  • Used when there is uncertainty about the correct account to us...read more

Help your peers!
Add answer anonymously...
RSM India Audit Associate Interview Questions
Stay ahead in your career. Get AmbitionBox app
qr-code
Helping over 1 Crore job seekers every month in choosing their right fit company
65 L+

Reviews

4 L+

Interviews

4 Cr+

Salaries

1 Cr+

Users/Month

Contribute to help millions

Made with ❤️ in India. Trademarks belong to their respective owners. All rights reserved © 2024 Info Edge (India) Ltd.

Follow us
  • Youtube
  • Instagram
  • LinkedIn
  • Facebook
  • Twitter