Suspense accountForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › Suspense accountThis topic has 1 reply, 2 voices, and was last updated 9 years ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts January 20, 2016 at 4:03 pm #296712 AbrorMemberTopics: 75Replies: 38☆☆How should I interpret this sentence? A discount of $50 given to a customer had been credited to discounts received. I would assume that debit side has been entered correctly…That’s why it doesn’t require any change to suspense account… January 20, 2016 at 4:18 pm #296731 John MoffatKeymasterTopics: 57Replies: 54702☆☆☆☆☆Yes it does.If you give a discount then you should debit discounts allowed!! (Not credit discounts received).AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In