12-01-2004, 03:25 AM
hi to all,
ali and maani thank you so much for replying .......now i am not confused because i got the point......suspense account goes to the balance sheet because we don,t usually want to close it ........we mostly try our best to find out the error.thats why we put this into the balance sheet and whenever we detect error we pass rectifying entry that close this account.
thank you agian for reply....
.................anyhow ali you can mail me if you have some more points.................
take care........
It's not about anger,it's about peace.
it's not about power,it's
about grace.it's not about knowing your enemy,it's all about knowing your self.
ali and maani thank you so much for replying .......now i am not confused because i got the point......suspense account goes to the balance sheet because we don,t usually want to close it ........we mostly try our best to find out the error.thats why we put this into the balance sheet and whenever we detect error we pass rectifying entry that close this account.
thank you agian for reply....
.................anyhow ali you can mail me if you have some more points.................
take care........
It's not about anger,it's about peace.
it's not about power,it's
about grace.it's not about knowing your enemy,it's all about knowing your self.