What is vendors suspense A/c?
Question:
What is vendor’s suspense A/c?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (3 reviews)
Vendors Suspense Account also known as Vendors Suspense Ledger or Vendors Suspense Clearing Account ...View the full answer
Answered By
Deepak Sharma
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
MEDICAL SCHOOL TREATS FRAUD AND ABUSE1 Fraud seemed to plague a certain Southeastern medical college, with one bad case erupting after another. One supervisors minor transgression opened a Pandoras...
-
Parts III, V, and VI of this case study dealt with obtaining an understanding of internal control and assessing control risk for transactions affecting accounts payable of Pinnacle Manufacturing. In...
-
1) What is the initial default date for transactions when a company data file is opened? a. The source document date b. The current computer dates c. The date of the last transaction entered d. The...
-
What is the significance of communication between managers and their subordinates, and how does it impact employee performance?
-
Jeremy owns a passive activity that has a basis of $30,000 and a suspended loss of $16,000. His taxable income from active and portfolio income is $81,000. a. What is the effect on Jeremys taxable...
-
Standard Error Of the Estimate. The controller of Fratiani Company used the method of least squares to com pute the fixed and variable components of utility cost from the following data: Utility...
-
800 on the SAT. It is possible to score higher than 800 on the SAT, but scores above 800 are reported as 800. (That is, a student can get a reported score of 800 without a perfect paper.) In 2007,...
-
I don't see that in my intermediate accounting text I saved from college, you explain to another member of the accounting division of Dowell Chemical Corporation. This will take some research. Your...
-
Problem: 2 The following is the standard cost card for X Company's only product: Direct materials, 4 metres at $4.00 $16.00 Direct labour, 5 hours at S10.00 $15.00 Variable overhead. 15 hours at...
-
True and False. Profit on acquisition has to be credited to capital reserve A/c.
-
All ____________ liabilities are taken over by the purchasing company.
-
The EU sought a declaration that, because of the way in which long-standing Italian law permitted extrajudicial debt recovery by creditors against entities established in other member states, Italy...
-
In 2024, the Westgate Construction Company entered into a contract to construct a road for Santa Clara County for $10,000,000. The road was completed in 2026. Information related to the contract is...
-
Briefly describe the case you have chosen. Categorize the social worker's experience as vicarious trauma, compassion fatigue, or burnout. Provide justification. Identify the social worker's score on...
-
Given f(x) below, find f'(x). f(x) = = m 5z In (2) et dt
-
Olsen & Alain, CPAs (O&A) performed the audit of Rocky Point Brewery (RPB), a public company in 20X1 and 20X2. In 20X2, O&A also performed tax services for the company. Which statement best describes...
-
Exercise 9-4 (Algo) Prepare a Flexible Budget Performance Report [LO9-4] Vulcan Flyovers offers scenic overflights of Mount Saint Helens, the volcano in Washington State that explosively erupted in...
-
For each of the following situations, what amount would the insurance company pay? a. Wind damage of $785; the insured has $500 deductible. b. Theft of a stereo system worth $1,300; the insured has a...
-
What will be the final value of DI after executing the following piece of code? Execute the instructions dependently one after another. CLD MOU CX,OFOH MOU AX.02874H MOU DI,01000H MOU ES, DI SUB...
-
Give Journal Entries for the following transactions in connection with internal reconstruction : (i) 10,000 Equity Shares of 10 each fully paid, reduced to shares of 5 each fully paid. (ii) 100, 8%...
-
State the procedures for Capital Reduction.
-
The company must pass A. A members resolution to reduce the share capital B. An ordinary resolution to reduce the share capital C. A special resolution to reduce the share capital.
-
Nitin is paid a base salary of $200 per week and commission at the rate of 3% for sales over $5000, 4% if his sales are over $8000, and 5% if sales are over $15,000. How much will Nitin earn in a...
-
Safa is paid a base salary of $1500 per month and a commission of 6% on all sales over $75,000. Last month, Safa's gross salary was $4440. What were her sales for the month? a$149,000 b$124,000...
-
Your regular hourly rate of pay is $15.86, and you are paid double time for all work on weekends and for any time over forty hours per week (Monday to Friday). Calculate your gross earnings for a...
Study smarter with the SolutionInn App