Accountancy, asked by syedwaiza778, 6 months ago

what is account ?? definition of account through commerce study

Answers

Answered by deepakkumartyagi16

Answer:

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

Answered by Anonymous

Answer:

the department of a company that deals with financial accounts.

Previous Question

Next Question

Similar questions

Math, 3 months ago

A shopkeeper gains ? 1 on selling each eraser and loses 50 paise on selling each pencil. He sells 45 erasers and some pencils losing ruppes5 in all. Find the number of pencils he sells.

Social Sciences, 3 months ago

Mahatma Gandhi persuaded upper castes to change their heart and give up the ______of untouchability . 1 point activity sin task work...

English, 3 months ago

11. Having seen the movie before he did not go with friends. 12. They are having their breakfast; don't disturb them. 13. You need to stop making so much noise. 14. I am going to the market right now. 15. Frightened by the storm, we sought shelter in a bus shelter. Q.. Find the non finite and state what kind of non finite they are It’s urgent...