Definition of Suspense account

1. Noun. An account used temporarily to carry doubtful receipts and disbursements or discrepancies pending their analysis and permanent classification.




Suspense Account Pictures

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Lexicographical Neighbors of Suspense Account

suspended animation
suspended cymbal
suspended cymbals
suspendee
suspendees
suspender
suspender belt
suspendered
suspenders
suspending
suspends
suspens
suspensation
suspensations
suspense
suspense account (current term)
suspenseful
suspensefully
suspensefulness
suspenseless
suspenser
suspensers
suspenses
suspensibilities
suspensibility
suspensible
suspension
suspension bridge
suspension of disbelief
suspension point

Literary usage of Suspense account

Below you will find example usage of this term as found in modern and/or classical literature:

1. Accounting Theory and Practice by Roy Bernard Kester (1918)
"The Reserve for Depreciation may be looked upon as a suspense account. ... Reserve for Doubtful Accounts as a suspense account In like manner the Reserve ..."

2. Transactions of the American Institute of Mining, Metallurgical and (1915)
"This is a suspense account. Its money was apportioned to all concrete costs on the basis of board-feet of lumber used on each job. Account 8949—Cement. ..."

3. Trial of the City of Glasgow Bank Directors by William Wallace (1905)
"I don't know whether he would know better than I would do. You gave some evidence with regard to the " suspense account." The suspense account ..."

4. Biennial Report by California Dept. of Industrial Relations. Division of Labor Statistics and Law Enforcement, California Bureau of Labor Statistics (1890)
"There is one thing in regard to suspense account I would speak of—money that might be ... On one of my bi>,.ks I have one or two cases in suspense account. ..."

5. Accounting in Theory and Practice: A Text-book for the Use of Accountants by George Lisle (1906)
"In such a case the suspense account is the correct place to post the receipt to pending ... A suspense account should never be used for any other purpose. ..."

6. Accounting in Theory and Practice: A Text-book for the Use of Accountants by George Lisle (1906)
"In such a case the suspense account is the correct place to post the receipt to pending ... A suspense account should never be used for any other purpose. ..."

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