Account
A record of financial transactions for any one of a company’s assets and liabilities. The word ‘account’ refers to an indebtedness, not the person owing the indebtedness (called the Account Debtor).
A record of financial transactions for any one of a company’s assets and liabilities. The word ‘account’ refers to an indebtedness, not the person owing the indebtedness (called the Account Debtor).
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