
19 May
2010
19 May
'10
9:28 a.m.
@Mash, asante. Can I use a suspense account to borrow against say eg If the input is say eg Ksh 100million/month while the outgoing is Ksh 70 million/month, since I have access to the account and can see what is held in retention, can I use the Ksh 30million on a borrowing/revolving basis? On Wed, May 19, 2010 at 9:09 AM, Mash <kihahu@gmail.com> wrote:
@aki, in most cases, such accounts are refered to as suspense accounts and most do not earn any interest.
[image: Google Talk:] kihahu [image: Google Wave:] kihahu [image: Y! messenger:] johnkihahu Contact Me [image: Blogger] <http://www.kihahu.blogspot.com/>[image: Twitter] <http://www.twitter.com/kihahu>[image: Wordpress]<http://kihahu.wordpress.com/>