CA Foundation doubt
why suspense account balance is brought forward in the credit side
Asked by Manju19 Jul 2024276 views
3 answers
Kartik · 19 Jul 2024
As debit balance is higher than credit balance
Manju · 19 Jul 2024
If it is brought down in the credit side what does that means
DEV · 19 Jul 2024
Hey !! First of all it's not necessary that tha balance of suspense account will brought down in credit side, it can either be on debit side or credit side.... It depends upon which side is lesser than other one... Hope this will help you 🤗
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