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1. Dictionary

   account

   /əˈkaʊnt/

   noun

   • 1. a report or description of an event or experience: "a detailed account of what has been achieved" Similar descriptionreportversionstorynarrationnarrativestatementnewsexplanationexpositioninterpretationcommuniquérecitalrenditionsketchdelineationportrayaltalechroniclehistoryrecordarchiveannalminutetransactionproceedingtranscriptdiaryjournalweblogblogvlogmoblogmemoirreviewregisterlogrelationrehearsalsideviewimpressioninformal:sitrep
   • ▪ an interpretation or rendering of a piece of music: "a lively account of Offenbach's score" Similar performanceinterpretationrenderingrenditionreadingrecitalplayingsingingexecution
   • 2. a record or statement of financial expenditure and receipts relating to a particular period or purpose: "the barman was doing his accounts" Similar financial recordbookledgerjournalbalance sheetfinancial statementresults
   • ▪ the department of a company that deals with financial accounts: "the people from Accounts"
   • ▪ a bill for goods or services provided over a period: British "there's no money to pay the tradesmen's accounts this month" Similar billinvoicestatementlist of chargesreckoningtallydebtamount duecheckinformal:tabarchaic:score
   • 3. an arrangement by which a body holds funds on behalf of a client or supplies goods or services to them on credit: "a bank account" Similar bank accountsavings accountcurrent accountdeposit account
   • ▪ a client having an account with a supplier: "selling bibles to established accounts in the North"
   • ▪ a contract to do work for a client: "another agency was awarded the account"
   • ▪ a fixed period on a stock exchange, at the end of which payment must be made for stock that has been bought. British
   • 4. an arrangement by which a user is given personalized access to a computer, website, or application, typically by entering a username and password: "we've reset your password to prevent others from accessing your account"
   • 5. importance: "money was of no account to her" Similar importanceimportsignificanceconsequencemomentmomentousnesssubstancenotemarkprominencevalueweightinessweightconcerninterestgravityseriousness

   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"

   Word Origin Middle English (in the sense ‘counting’, ‘to count’): from Old French acont (noun), aconter (verb), based on conter ‘to count’.

   Scrabble Points: 11

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2. www.investopedia.com › terms › fFinancial Accounting Meaning, Principles, and Why It Matters

   www.investopedia.com › terms › f

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   Sep 4, 2024 · Learn what financial accounting is, how it works, and why it matters for businesses and investors. Find out the key principles, methods, and statements used in financial accounting, such as...

3. cleartax.in › s › accounting-golden-rulesGolden Rules of Accounting: Overview, Types, and Examples -...

   cleartax.in › s › accounting-golden-rules

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   Sep 2, 2024 · 1. Nominal account. A nominal account is a general ledger containing the temporary transactions of a business, namely – expenses, incomes, profits and losses for a specific period. It contains all the transactions that occur in one fiscal year. Furthermore, it resets to zero and starts afresh when the next fiscal year begins.

4. quickbooks.intuit.com › global › resourcesChart of Accounts: Definition, Setup & Examples | QuickBooks

   quickbooks.intuit.com › global › resources

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   Sep 23, 2024 · Learn what a chart of accounts is, why it's important, and how to create one for your business. See a sample chart of accounts with four main categories: assets, liabilities, income, and expenses.

5. quickbooks.intuit.com › accounts-payableAccounts Payable: Definition, Example, and Journal Entry

   quickbooks.intuit.com › accounts-payable

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   Sep 8, 2024 · Learn what accounts payable is, how it affects your business's cash flow and credit, and how to manage it effectively. Find out the accounts payable process, journal entry, turnover, and examples with QuickBooks online accounting software.

6. www.accountingtools.com › articles › management-accountingManagement accounting definition — AccountingTools

   www.accountingtools.com › articles › management-accounting

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   Sep 4, 2024 · Management accounting is a branch of accounting that assists managers with their decision-making. It focuses on the revenues and expenses of a business, as well as asset usage, and produces reports for internal use.

7. www.highradius.com › resources › BlogWhat is Account Reconciliation: Process, Example and Types

   www.highradius.com › resources › Blog

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   Sep 2, 2024 · Learn what account reconciliation is, why it is important, and how to do it. Explore the common types of account reconciliation, such as bank, inventory, payroll, and fixed asset reconciliation, with examples and tips.

8. www.investopedia.com › terms › cCapital Account Explained: How It Works and Why It's Important

   www.investopedia.com › terms › c

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   Sep 3, 2024 · Learn what a capital account is in macroeconomics and accounting, and how it measures the balance of payments and the net worth of a business. Find out the difference between capital account...

9. www.liveplan.com › blog › what-is-accounts-receivableWhat is Accounts Receivable? Definition and Benefits Explained

   www.liveplan.com › blog › what-is-accounts-receivable

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   Accounts receivable vs. accounts payable. While accounts receivable is money owed to you for products or services that you’ve sold, accounts payable (AP) represents money that you owe to suppliers. Accounts payable is considered short-term debt, and you need to be able to find a balance between both of these outstanding accounts.

10. www.accountingtools.com › articles › what-is-an-accountingAccounting entry definition — AccountingTools

    www.accountingtools.com › articles › what-is-an-accounting

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    Sep 9, 2024 · An accounting entry is a formal record that documents a transaction. When an entry is made on the day sheet, it is called a transaction entry. Learn more about the types and purposes of accounting entries.

11. www.merriam-webster.com › dictionary › byBy/from all accounts Definition & Meaning - Merriam-Webster

    www.merriam-webster.com › dictionary › by

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    Sep 20, 2024 · Learn the meaning and usage of the idiom by/from all accounts, which means according to all of the different descriptions of something. See example sentences from various online sources and related dictionary entries.