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What is suspense account ??

Answer» @Riya Pal for more details and better understanding ........Jb koi entry trace ni hi pati.. Jaise bank me paise aye lekin pta ni hai k konsi party se aaye to kuch time k liye suspense account me daal dete haiJb clarity aa jati to relevant account me post kr dete hai
Suspense accounts contain entries where there are uncertainties or discrepancies. For example, if an individual makes a deposit but accidentally writes down an account number incorrectly, that money will be housed in a suspense account until the error is corrected.


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