Accountancy, asked by anjnamehul510, 1 month ago

what is account.


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Answered by mimcool46
2

Answer:

Definition: An account is a record in anaccounting system that tracks the financial activities of a specific asset, liability, equity, revenue, or expense. ... Each individual accountis stored in the general ledger and used to prepare the financial statements at the end of anaccounting period.

Explanation:

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Answered by pramaniklakshmi3027
4

A record or statement of financial expenditure and receipts realating to a particular of purpose.

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