Suspense account
This query is : Resolved
11 June 2013
Dear Experts,
What is the Treatment of Suspense Account in the Bank Account ie debit entry are not traceable by the Management.
Can we show the same in the Balance Sheet as Suspense Account and Impact of the same on the Profit or Loss of the Organisation.
Please Advice !
What is the Treatment of Suspense Account in the Bank Account ie debit entry are not traceable by the Management.
Can we show the same in the Balance Sheet as Suspense Account and Impact of the same on the Profit or Loss of the Organisation.
Please Advice !
13 June 2013
PLS SHOW IN BALANCE SHEET AND IN FUTURE IF ENTRY NOT OF YOUR CO. BANK WILL TAKE REVERSE.
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