In ractification chapter when suspense account and profit and loss adjustment acc is prepared then balance transfer to capital account in some questions but in some question the balance are stated as

Shivashankar · 19 Jul 2024

It seems like you're asking about the treatment of suspense accounts and profit & loss adjustment accounts in accounting, specifically in the context of rectification. When a suspense account is created, it's typically used to temporarily hold discrepancies or unresolved items until they can be resolved. Once resolved, the balance in the suspense account is transferred to the appropriate account, which could be the capital account. The "bal c/d" notation typically indicates a "balance carried down" to the next accounting period. This means that the balance in the suspense account or profit & loss adjustment account is being carried forward to the next period, rather than being transferred to the capital account. The difference in treatment might depend on the specific circumstances of the question or the accounting framework being followed (e.g., IFRS, GAAP, etc.). In some cases, the balance might be transferred to the capital account to reflect the resolution of the suspense item or the adjustment to the profit & loss account. In other cases, the balance might be carried forward to the next period, indicating that the issue is still unresolved. If you have specific questions or scenarios you'd like me to help with, feel free to share them, and I'll do my best to assist you!