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What does the Balance of Suspense Account indicate? How is the balance of Suspense Account treated?

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What does the Balance of Suspense Account indicate? How is the balance of Suspense Account treated?
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Balance of Suspense Account shows the net effect of errors which are still to be located and rectified. It will be shown on assets side (in case or debit balance) or on the liabilities side (in case of credit balance) of the Balance Sheet.
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