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Complete the following sentence: Temporary account opened to rectify the entry is known as ______ - Book Keeping and Accountancy

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Complete the following sentence:

Temporary account opened to rectify the entry is known as ______

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Solution

Temporary account opened to rectify the entry is known as Suspense Account.

Concept: Preparation of Suspense Accounts
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APPEARS IN

Balbharati Book-keeping and Accountancy 11th Standard HSC Maharashtra State Board
Chapter 8 Rectification of Errors
Exercises | Q 6. 4) | Page 268
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