What does account mean? accountNoun A formal record of a particular type of transaction, used to classify and summarize all business activity in monetary terms, and maintained in a ledger. Related Item(s):What is lease termination?How will US GAAP accounting for leveraged leases change?What are the basic accounting assumptions? 2020-04-27T14:58:14+02:00 Share the knowledge! Choose your platform: FacebookXRedditLinkedInTumblrPinterestVkEmail Leave A Comment Cancel replyYou must be logged in to post a comment.
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