2016 year Books
& Budget (with books)
DIFFERENCES
BETWEEN
|
Sales Suspense
|
Traffic Suspense
|
|
1.
It
is a Capital Suspense Head.
|
1.
It
is a Revenue Suspense Head.
|
|
2.
It
is operated under Capital Expenditure( Plan Head 7100)
|
2.
It
is operated on Revenue Receipts
|
|
3.
Shown
as Debit balance (as Minus Debit in practical)
|
3.
It
is always having Debit balance
|
|
4.
CREDIT
-: When the sale proceeds is deposited /received.
DEBIT:
When sale issue note is accounted.
|
4.
Debit:
Accrued earnings.
Credit:
The realization of the Accrued earnings:
|
|
5.
Object:
Watching the realization of sale proceeds of Auction sales.
|
5.
Object:
Watching the realization of accrued/outstanding earnings
|
|
6. It is not a Link Head
|
6. It is a LINK head connecting between
Government accounts and Commercial
Accounts
|
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