Practising Chartered
974 Points
Joined June 2015
It is better advised to clear off the suspense balance as these are no such a/cs from the perspective of any law, Its mere a head showm for temporary posting of some transations whisch are still unidentified.
However if it still pertains then a seperate head of suspense a/c would be reflected and if it has credit blance the same would go under laibilities and on debit balance the same would go under assests.