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what is suspense account ? please give me answer in detail...

what is suspense account ? please give me answer in detail...

suspense is when you make people wait for something before they tell you what it is
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15y ago

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Which is error in Sale goods to Ali is wrongly debited to Uzair Account instead of Ali account?

Rectify entry: [Debit] Ali Account [Credit] Uzair Account


How do you use the word rectify in a sentence?

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If you receive a mistaken distribution from your HSA account, you should contact your HSA provider immediately to report the error and work with them to rectify the situation. It's important to address the issue promptly to avoid any potential tax implications or penalties.


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Once John saw he owed fifty dollars for his energy bill, he wrote a check and mailed it in to rectify the situation.ORWhen John owed fifty dollars, he wrote a check torectify the situation.


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If you have entered the wrong beneficiary name but the correct account number for a transaction, you should contact your bank or financial institution immediately to inform them of the mistake. They will be able to advise you on the next steps to rectify the error and ensure that the funds are properly transferred to the intended recipient.


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