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- Dictionaryaccount/əˈkaʊnt/
noun
- 1. a report or description of an event or experience: "a detailed account of what has been achieved" Similar
- 2. a record or statement of financial expenditure and receipts relating to a particular period or purpose: "the barman was doing his accounts" Similar
verb
- 1. consider or regard in a specified way: "her visit could not be accounted a success"
- 2. prepare or present a record an account of money given or received: rare "in order that he may be able to account accurately, the trustee should not mingle the trust property with other property"
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4 days ago · Guide to Accounting. What Is a Liability? A liability is something that a person or company owes, usually a sum of money. Liabilities are settled over time through the...
5 days ago · Key Takeaways. A T-account is an informal term for a set of financial records that use double-entry bookkeeping. It is called a T-account because the bookkeeping entries are...
5 days ago · GAAP stands for generally accepted accounting principles, which set the standard accounting rules for preparing, presenting, and reporting financial statements in the U.S. The goal of GAAP...
5 days ago · Checking accounts play an important role in managing your money. Learn what a checking account is and how it works.
3 days ago · Accountancy Class 11 Chapter 1, Accounting is the systematic process of recording, summarising, and evaluating a business's financial operations. It introduces fundamental concepts such as property (business resources), debts (business obligations), and ownership (the owner's interest in the business).
4 days ago · a written document preserving knowledge of facts or events.
2 days ago · A current account is a bank account designed to help you manage your finances. Your salary can be paid into your current account and you can use it to set up direct debits and standing orders to pay bills. You’ll usually have a debit card with the account too.
3 days ago · 1. Identify each transaction and event from source documents. 2. Analyze each transaction and event using the accounting equation. 3. Record relevant transactions and events in a journal. 4. Post journal information to ledger accounts. 5. Prepare and analyze the trial balance and financial statements. Click the card to flip 👆. 1 / 127. Flashcards.
3 days ago · The meaning of BY ONE'S OWN ACCOUNT is according to what one has said about one's own life or experiences. How to use by one's own account in a sentence.
5 days ago · Kubernetes offers two distinct ways for clients that run within your cluster, or that otherwise have a relationship to your cluster's control plane to authenticate to the API server. A service account provides an identity for processes that run in a Pod, and maps to a ServiceAccount object.
