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+--- Thread: treatment of suspense account (/thread-treatment-of-suspense-account--1324)
treatment of suspense account - mobasher - 11-28-2004
I know the nature of suspense account but the real question lies why is it transfer to balancesheet.
- KJK - 12-01-2004
It is transferred to balance sheet only when it is not being adjusted in any of the account or the error is too trivial that cannot be discovered