Forums

Back

Memorandum account

Accountancy

What is a memorandum account?


Punitha Krishnaraj

Punitha Krishnaraj

CA Inter

5K+

23-Apr-23 18:57

346

Answers (3)

Memorandum account will not affect the trail balance in most of the situations


Like a duplicate account.


Sugam SM

Sugam SM

CA Final

9K+

23-Apr-23 19:23

A rough account for calculation purpose


Neha Baliga

Neha Baliga

CA Inter

16K+

23-Apr-23 19:48

Your Reply