What is a Suspense Account? Definition Meaning Example
Content What Is A Suspense Account? Origin of suspense account You buy a fixed asset but don’t receive it until it’s paid off My Account Trial Balance Suspense Accounts If your trial balance debits are larger than the credits, the difference is recorded in the suspense account as a credit. In accounting for small business, …
What is a Suspense Account? Definition Meaning Example Read More »