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Int Susp. a/c
1 ) HP. vender a/c
To HP sale a/c
To Int Suspance a/c
2) Int Susp. a/c
To Int. a/c
in which head int.suspance a/c will show as vender point of view .
thanks in advance
Replies (3)
Sorry I cant follow u. Can u be more clear with ur doubt.
Thanks & Regards
Ram.
I think 'Interest Suspense' needs to be shown under 'Current Liabilities'
In vendor's books, it is current asset as unearned interest.
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