‘Difference in Books Account’ to make the Trial Balance agree. After detection of error or errors,
they are rectified and the suspense account is closed.
At a glance
Sunday, 29 May 2011
Suspense Account / Difference in Books of Account
If there arises a difference in the trial balance, it is transferred to ‘Suspense Account’ or
‘Difference in Books Account’ to make the Trial Balance agree. After detection of error or errors,
they are rectified and the suspense account is closed.
At a glance
‘Difference in Books Account’ to make the Trial Balance agree. After detection of error or errors,
they are rectified and the suspense account is closed.
At a glance
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