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Rectification of Errors — Book Keeping & Accountancy STD 11 Commerce / Arts — Question

Maharashtra BoardEnglish MediumSTD 11 Commerce / ArtsBook Keeping & AccountancyRectification of Errors1 Mark
Question
What is a suspense account?
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Answer

An account that is opened to transfer the difference in the totals of the trial balance is known as a suspense account.

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