Accountancy, asked by nichal6027, 8 months ago

Define account and its types and features

Answers

Answered by SweetPoison7

1

Explanation:

In accounting; an account is a functional unit, identified by an account number that serves a particular accounting purpose where one person has primary responsibility for it. Accounts include balance sheet accounts (General Ledger (GL) Accounts) and revenue/expenditure accounts (Subsidiary Ledger (SL) Accounts).

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