- suspense account
- noun Date: 1851 an account for the temporary entry of charges or credits or especially of doubtful accounts receivable pending determination of their ultimate disposition
New Collegiate Dictionary. 2001.
suspense account
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Suspense account — Suspense Sus*pense , n. [From F. suspens, a. See {Suspense}, a.] 1. The state of being suspended; specifically, a state of uncertainty and expectation, with anxiety or apprehension; indetermination; indecision; as, the suspense of a person… … The Collaborative International Dictionary of English
Suspense account — Suspense accounts are used by the bank when calculating the balance. If, during the closing of the balance, a particular posting cannot be posted on the correct account, it will be posted on this suspense account … International financial encyclopaedia
suspense account — suspense′ account n. Bookkeeping. bus an account in which items are temporarily entered until their final disposition is determined … From formal English to slang
suspense account — An account containing accounts receivable, monies owed to the Postal Service by others … Glossary of postal terms
suspense account — n. Bookkeeping an account in which items are temporarily entered until their disposition can be determined … English World dictionary
Suspense account — In accountancy, a suspense account is an account used temporarily to carry doubtful receipts and disbursements or discrepancies pending their analysis and permanent classification.It can be a repository for monetary transactions (cash receipts,… … Wikipedia
suspense account — An account used temporarily to record receipts and disbursements that have yet to be classified. Bloomberg Financial Dictionary * * * suspense account suspense account ➔ account1 * * * suspense account UK US noun [C] ► ACCOUNTING an account used… … Financial and business terms
suspense account — A *general ledger account used to temporarily record transactions. By nature, a suspense account should be regularly cleared of its contents, as it is merely a resting place for items awaiting analysis or investigation. See also *transit account … Auditor's dictionary
suspense account — laikinoji sąskaita statusas T sritis Gynyba apibrėžtis Sąskaita, atidaryta registruoti išmokoms arba įplaukoms, kurių dėl kokių nors priežasčių negalima įtraukti į tam tikrą biudžetą. atitikmenys: angl. suspense account šaltinis NATO mokymų ir… … Lithuanian dictionary (lietuvių žodynas)
Suspense account off-balance sheet items — Accounts which contain the off balance sheet system suspense account … International financial encyclopaedia
suspense account — noun an account used temporarily to carry doubtful receipts and disbursements or discrepancies pending their analysis and permanent classification • Hypernyms: ↑account, ↑accounting, ↑account statement … Useful english dictionary
