suspense a /c always shows debit balance?
Dear Student,
Suspense account may be Debit and Credit.
Suspense account may be Debit and Credit.
Despite the accountants best efforts when the trail balance is not satisfied or balanced the difference between the debit & the credit totals to transferred to an account called suspense Account & that account is placed where the total is least. it can be either debit or credit.
Regards.