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Suspense a/c
SUSPENSE ,,,,,,,,,.............,,,,,,,,,,,,,,,,,,,,............
The difference must be entered in Suspense Account.
SUSPENSE ACCOUNT
suspense account
The policy of "Anticipate no profit and provide for all possible losses" arises due to convention of
a) disclose (b) materiality (c) conservatism (d) consistency.
Suspense........................