@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.

Google Talk: kihahu Google Wave: kihahu Y! messenger: johnkihahu
Contact Me BloggerTwitterWordpress