Business Studies, asked by karnvivek414, 2 months ago

commercial accounts and it's different procedure​

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Answered by hassanalihassanali06
1

Answer:

Commercial Accounts;

commercial account is any type of bank account that is used by corporations and businesses. A commercial account is usually a checking or other type of demand deposit account, meaning the money can be withdrawn at any time. ... Banks instead pay earnings credits, which they base upon the average account balance.

Explanation:

Types and Procedure;

Here are some of the different areas of accounting and what they entail.

Financial accounting. ...

Management accounting. ...

Governmental accounting. ...

Public accounting. ...

Cost accounting. ...

Forensic accounting. ...

Tax accounting. ...

Auditing.

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