No forfeitures in a suspense account
should remain unallocated beyond the end of the plan year in which they occurred.
The suspense account
had several material debits and credits that were unexplained, and had a material credit (liability) balance.
Eliminate or minimize revenue sharing utilizing the suspense account
For the purposes of the CO2 exam, a suspense account
balance will be provided, probably based on the first type of situation I have described, together with a number of errors that have been uncovered.
The wages were paid into the bank on Monday but because the account was being closed, the money went into a suspense account
until it could be worked out where it should go.
The operational failures were corrected by placing the excess contributions in a suspense account
For example, many servicers wrongly believe that the placement of funds into a suspense account
does not result in a legal conclusion that the funds have been accepted by the servicer.
The acquired securities are held in a suspense account
under the ESOP's trust.
Pending the money's use, it is held in a suspense account
which sits outside the main Assembly's budgets.
In the interim the funds sat in Bank X's suspense account
and the Asian bank notified.
We are interested in transferring this funds that are presently floating and lying idle in a suspense account
The amounts of the net NPLs are, however, determined by deducting from the actual amounts of the NPLs (a) the amounts of the provisions made against the NPLs by debit to the profit and loss account and (b) the amounts of the unrealized interest transferred to the suspense account
We have identified a lot of misappropriated and inflated funds which are presently floating in a suspense account
This action was however intentional and since then the fund has been in a suspense account
at the Central Bank of Nigeria - our APEX bank, we are now ready to transfer the fund overseas, and that is where you come in.
Each year as the corporation makes tax-deductible cash contributions to its ESOP, stock is released from the suspense account
and allocated to the accounts of the participants.