20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for December 2024 exams.
Get your discount code >>

suspense account

This topic has 1 reply, 2 voices, and was last updated 9 years ago by Ken Garrett.

Viewing 2 posts - 1 through 2 (of 2 total)

Author
Posts
July 14, 2015 at 3:28 pm #260765
wingyee
Member
- Topics: 39
- Replies: 9
how can we identify suspense account is debit side or credit side..
so confuse..
July 14, 2015 at 3:37 pm #260768
Ken Garrett
Keymaster
- Topics: 10
- Replies: 10533
See P102 of the FA2 notes.
The suspense account is what is needed to make the trial balance balance.
Author
Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.