suspense account

noun

Definition of suspense account

: an account for the temporary entry of charges or credits or especially of doubtful accounts receivable pending determination of their ultimate disposition

First Known Use of suspense account

1851, in the meaning defined above

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The first known use of suspense account was in 1851

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Cite this Entry

“Suspense account.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/suspense%20account. Accessed 29 Nov. 2020.

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