Social Sciences, asked by afreedmohammed05, 6 months ago

what is mean by account? ​

Answers

Answered by mohammedafreed827
0

Answer:

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
7
\huge\underline\red{AnsweR}

__________________________________

Iɴ ᴀᴄᴄᴏᴜɴᴛɪɴɢ, ᴀɴ ᴀᴄᴄᴏᴜɴᴛ ɪs ᴀ ʀᴇᴄᴏʀᴅ ɪɴ ᴛʜᴇ ɢᴇɴᴇʀᴀʟ ʟᴇᴅɢᴇʀ ᴛʜᴀᴛ ɪs ᴜsᴇᴅ ᴛᴏ sᴏʀᴛ ᴀɴᴅ sᴛᴏʀᴇ ᴛʀᴀɴsᴀᴄᴛɪᴏɴ.

__________________________________

TᕼᗩᑎK YOᑌ.!!
Similar questions