Suspense a/c

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

17 July 2012 dear sir/madam,
in our company balanace sheet suspense account shows debit balance.our company is mfg.unit of construction chemicals.plz give me solution how to adjust d same.

CA Amit Jaiswal

CA Amit Jaiswal (Expert)
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17 July 2012 You will have to do the ledger scrutiny of this Suspense A/c. The amounts getting set off against each other are to be ignored and rest are to be looked into in details.

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