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Suspense a/c

This topic has 1 reply, 2 voices, and was last updated 4 years ago by John Moffat.

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December 28, 2019 at 9:18 pm #556474
shk1234
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Are suspense accounts effected by errors individual A/C ? Do corrections of errors I’m individual A/C require suspense entries ?
December 29, 2019 at 11:45 am #556497
John Moffat
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- Topics: 57
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It depends on the nature of the errors.
I suggest that you watch my free lecture on suspense accounts.
The lectures (and lecture notes that go with them) are a complete free course for Paper FA and cover everything needed to be able to pass the exam well.
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