Task 2 The suspense account is made up of two items: (0) The proceeds of issue of 4,000,000 50c shares at $1.10 per share, credited to the suspense account from the cash book. (b) The balance of the account is the proceeds of sale of some plant an 1 January 20X4 with a carrying amount at the date of sale of $700,000 and which had originally cost $1,400,000. No other accounting entries have yet been made for the disposal