Why should a suspense account be cleared as soo... - SS1 Accounting Meaning of Suspense Account Question
Why should a suspense account be cleared as soon as possible?
A
To increase the suspenseful nature of the account
B
To ensure accurate financial reporting
C
To avoid paying taxes on the balance
Ask EduPadi AI for a Detailed Answer
Correct Option: B
Please share this, thanks:
#SS1 #SS1
Add your answer
No responses