Suspense account having credit balance will be shown on the _______.
A. Credit side of the profit and loss A/c
B. Liabilities side of the balance sheet
C. Assets side of the balance sheet
D. Debit side of the profit and loss A/c
Answer:B
Suspense account having credit balance will be shown on the _______.
A. Credit side of the profit and loss A/c B. Liabilities side of the balance sheet C. Assets side of the balance sheet D. Debit side of the profit and loss A/c