What is a Suspense Account And Why is it Important?
When customer withdrawal is completed, the money moves from the suspense account to the account of the agent who facilitated the cash withdrawal. When the trial balance shows credits exceeding debits, the difference should be recorded as a debit to reflect the temporary nature of …
When Does Social Drinking Become ‘Problem Drinking’?
It’s characterized by an inability to cut back on alcohol without the help of an addiction treatment professional. Most alcoholics cannot predict or control how much alcohol they’ll end up consuming once they start. They often experience denial about their relationship with alcohol, and they …
