Thursday, December 8, 2011

What can the maxium amount transfer to the Suspense a/c?

Not enough detail to answer your question. From past experience, what goes into the suspense account is any unresolved item. The suspense account is used to make sure everything is recorded in the General Ledger daily. I've put $10,000,000 into Suspense overnight (and, yes, it was cleared the next day.)|||The question shows that you know NOTHING about accounting, and the answer lies in a question


How many buckets of water can I put in the Indian Ocean ?

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