regular business operation. In the investment field, suspense accounts are also known as brokerages accounts set for short-term periods until the money is allocated in a client’s account; this is the case when a client is opening an account but its unique account number hasn’t been ...
As the name suggests, a suspense account is an account that temporarily records amounts that are yet to have their proper accounts determined. In balance sheet terms, a suspense account is not ideal, as it can prevent you from accurately balancing the books. However, in your day-to-day bus...
a suspense account is a type of brokerage account where a customer's proceeds from selling an investment may be recorded until the customer uses the money to invest in something else.
A suspense account is a special accounting designation that's used to temporarily classify receipts or transactions that look...
A suspense account is normally located in the general ledger. Any amount that is posted to the suspense account should be there on a temporary basis only, as this amount needs to be investigated and posted to the correct account. If you have taken over the accountancy for a company and the...
The suspense account shows a debit balance of 100. What could this balance be due to?? Entering 50 received from A Turner on the debit side of A Turner's accountEntering 50 received from A Turner on the credit side of A Turner's accountUndercasting the sales day book by 100Undercasting...
问答题 Repair of a generator is a capital expenditure.() 答案: 正确答案:错误 点击查看答案&解析 手机看题 多项选择题 水准点的布设与埋石应符合下列规定( ) A. 高程控制点的距离中地区应为1-3KM。一个测区及周围至少应有3个高程控制点。 B. 需要绘制点之记,必要时还应设置指示桩 C. ...
What was the balance on the suspense account? A.Credit $20,400 B.Debit $20,400 C.Debit $40,800 D.Nil 你可能感兴趣的试题 问答题 身临其境什么意思?身临其境怎么读? 答案:参考答案: 拼音:shēn lín qí jìng,简拼:slqj 成语解释:临:到;境:境界,地方。... ...
The ''syndicate'' is a term that Minderbinder uses to refer to the squadron: he sees everything in terms of business. Minderbinder wants to expand the...Become a member and unlock all Study Answers Start today. Try it now Create an account Ask a question Our experts can answer your...
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