Question

what is ACCOUNT FULL EXPLANATION ​

Answer 1

Account is the individual record of an asset, a liability, a revenue, an expense or capital, in a summarized manner. For example, the individual record of sales is 'sales account'. ... Generally one full page is fixed in the ledger for each account.

Answer 2

Explanation:

Description

DescriptionIn 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.