define account?????????
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In simple words, accounting can be defined as keeping records of all financial transactions related to an individual or an entity. ... A proper definition of accounting is that it is the process of recording, summarizing, analyzing, and reporting the financial transactions related to a business
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a report or description of an event or experience.
"a detailed account of what has been achieved"
a record or statement of financial expenditure and receipts relating to a particular period or purpose.
"the barman was doing his accounts"
consider or regard in a specified way.
"her visit could not be accounted a success"
Explanation:
In bookkeeping, an account refers to assets, liabilities, income, expenses, and equity, as represented by individual ledger pages, to which changes in value are chronologically recorded with debit and credit entries. These entries, referred to as postings, become part of a book of final entry or ledger.
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