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1. In normal course of business or day to day working there are so many transections arrises of that nature under which one or more accounts are missing that may be debit account or credit account so to temporarily resolve these kind of transections instead of missing account information suspense account is used to temporarily balance the debit and credit side of transaction and latter as things clear these suspense accounts replaces with actual accounts.

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11y ago

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Q: What is a suspense account?
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