English, asked by Deo5000, 4 months ago

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Answered by Anonymous
0

Answer:

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Answered by XxItzhearthakkerxX
28

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.

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