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suspense account vs account statement

account statement vs suspense account

suspense account and account statement both are nouns.

Word NounAdjectiveVerbAdverb
suspense account Yes No No No
account statement Yes No No No
As nouns, account statement is a hypernym of suspense account; that is, account statement is a word with a broader meaning than suspense account:
  • suspense account: an account used temporarily to carry doubtful receipts and disbursements or discrepancies pending their analysis and permanent classification
  • account statement: a statement of recent transactions and the resulting balance
Other hypernyms of suspense account include account, accounting.
suspense account (noun) account statement (noun)
an account used temporarily to carry doubtful receipts and disbursements or discrepancies pending their analysis and permanent classification a statement of recent transactions and the resulting balance
Difference between suspense account and account statement

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