Account

The detailed record of all the changes that have occurred in a particular asset, liability, or owner’s equity (stockholders’ equity) during a period. The basic summary device of accounting.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>