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treatment of suspense account
11-28-2004, 09:33 PM
Post: #1
treatment of suspense account
I know the nature of suspense account but the real question lies why is it transfer to balancesheet.
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12-01-2004, 05:47 AM
Post: #2
 
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
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