Comments for Clearing Suspense Account Bookkeeping Question

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May 18, 2010
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Suspense Account
by: Steph

I believe the the bank transfer suspense account would be an asset account.

While a debtor suspense account would be a liability account.

May 18, 2010
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Debtors Suspense Account
by: Anonymous

We have receipts in our bank account that need to be posted to a Debtors Suspense account till we write it off end financial period. Is the Debtors Suspense account a current Assent?

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