treatment of suspense account - Printable Version +- Accountancy Forum (https://www.accountancy.com.pk/forum) +-- Forum: The Profession (https://www.accountancy.com.pk/forum/forumdisplay.php?fid=4) +--- Forum: Accounting and Audit (https://www.accountancy.com.pk/forum/forumdisplay.php?fid=7) +--- Thread: treatment of suspense account (/showthread.php?tid=1324) |
treatment of suspense account - mobasher - 11-28-2004 I know the nature of suspense account but the real question lies why is it transfer to balancesheet. - KJK - 12-01-2004 It is transferred to balance sheet only when it is not being adjusted in any of the account or the error is too trivial that cannot be discovered |