What is Account what is account
Answers
Answer:
a record or statement of financial expenditure and receipts relating to a particular period or purpose.
Answer:
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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"
prepare or present a record of an account of money given or received.
"in order that he may be able to account accurately, the trustee should not mingle the trust property with other property"
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.