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What is the suspense capital?

Updated: 9/20/2023

Wiki User

∙ 12y ago

Best Answer

A suspense account is an account in the general ledger in which amounts are temporarily recorded. The suspense account is used because the proper account could not be determined at the time that the transaction was recorded.

When the proper account is determined, the amount will be moved from the suspense account to the proper account.

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∙ 12y ago

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Related questions

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Will final destination 5 be horror or suspense?

horror and suspense are actually the same thing. horror is a synonym for suspense and suspense is a synonym for horror

What is mean by share suspense account?

Share suspense account is a temprorary a/c created, to transfer any receipts on shares issue or re-issue (in case of forefeiture) is case of a pending decision regarding that receipt. Eg: when re-issue is made in case of a forfeiture of share, journalise that transation as Bank a/c Dr. To share suspense a/c then after decision regarding reissue, share suspense a/c Dr. To share capital a/c balance if any in share suspense will be paid of when it is not alloted... share suspence a/c Dr. To Bank a/c

Are romance in suspense movies?

There can be romance in suspense movies.

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The verb for suspense is "to suspend."

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Suspense Digest was created in 1972.

When was Saturday Suspense created?

Saturday Suspense was created in 1998.

How do you spell suspense?

That is the correct spelling of "suspense" (anxiety, uncertainty).

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suspense meaning in telugu theliyakundaunchadam

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What is the duration of Saturday Suspense?

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