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 3 years ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total) AuthorPosts December 14, 2020 at 12:18 pm #599897 Priyanka19ParticipantTopics: 32Replies: 20☆☆Hello sir Can you please tell me when does the suspense account arises December 14, 2020 at 1:15 pm #599909 John MoffatKeymasterTopics: 56Replies: 53820☆☆☆☆☆It arises either because there has been a mistake made in the double entry, or because the bookkeeper wasn’t sure where to enter something and so entered it in a suspense account until someone more qualified can sort it out.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