Suspense Accounts Flashcards
0
Q
R A I L???
A
Debit
- Running costs - Assets
Credit
- Income - Liabilities
1
Q
Suspense accounts
A
Always right out the double entries separately e.g.
Dr=xyz £££
Cr=xyz £££
Remember RAIL
R A I L???
Debit
- Running costs - Assets
Credit
- Income - Liabilities
Suspense accounts
Always right out the double entries separately e.g.
Dr=xyz £££
Cr=xyz £££
Remember RAIL