How are we use suspense accounts

1.	How are we use suspense accounts
Answer» A suspense account is a general ledger account in which amounts are temporarily recorded. The suspense account is used because the appropriate general ledger account could not be determined at the time that the transaction was recorded.<br>We use suspense a/c when the debit and credit balance donot match. In this we just post entry of suspense A/c on the side which has a lower balance .for eg if the condition is goods sold to ram for rs. 2000 but mohan\'s a/c was debited by rs.3000 then its rectified entry will be RAM DR. 2000SUSPENSE A/C DR. 1000TO MOHAN. 3000(Being the sale toRam for 2000 posted in Mohan\'s a/c For 3000 now rectified)<br>When single side error

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