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Post Info TOPIC: Suspense account - another one
BJA


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Suspense account - another one
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Hello again,

Very sorry, about all these questions.

With this one:

Points 1 & 2 they in fact affect only (at this stage) books of prime entry

It is only pont 3 that is now in the Payables ledger - therefore affecting the double entry, that needs correcting.

Am I understanding it correctly???

I am finding suspense accounts really confusing and I am running out of time (exam next week), if anybody would have any tips or any material that could help, I would be very grateful.

Thank you

BJ



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