suspense account
suspense account · suspense accounts
An account in which receipts or disbursements are temporarily entered until their…An account in which receipts or disbursements are temporarily entered until their proper position in the books is determined.
Meaning
1 sensesAn account in which receipts or disbursements are temporarily entered until their proper position in the books is determined.
an account used temporarily to carry doubtful receipts and disbursements or discrepancies pending their analysis and permanent classification
Forms
plural: suspense accounts| Singular | suspense account |
|---|---|
| Plural | suspense accounts |
regular