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इंडियन गवर्नमेंट एग्जाम प्रेप
Suspense Account Group is defined under
Correct Answer: C
Solution & Explanation
In tally Suspense Account Group is defined under Liabilities. A suspense account is an account used to temporarily store transactions for which there is uncertainty about where they should be recorded. Once the accounting staff investigates and clarifies the purpose of this type of transaction, it shifts the transaction out of the suspense account and into the correct account(s). An entry into a suspense account may be a debit or a credit.
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संबंधित प्रश्न (Related)
Manufacturing Journal creates based on
How can data be imported in tally
We can see list of Memorandum Vouchers from
________ gives the balance for each day for the voucher type has been selected.
We can see Working Capital figure changing
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