ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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SUSPENSE ACCOUNT Definition
SUSPENSE ACCOUNT, in accounting, is an account that is used on a temporary basis for receipts, disbursements, or discrepancies until such time as the analysis is complete and they can be properly classified.
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REVOLVING LOAN is a loan that is automatically renewed upon maturity.
COMMERCIAL LOAN is a short-term business loan usually issued for a term of up to six months.