- Types:
- show 5 types...
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capital account
(finance) an account of the net value of a business at a specified date
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capital account
(economics) that part of the balance of payments recording a nation's outflow and inflow of financial securities
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profit and loss, profit and loss account
an account compiled at the end of an accounting period to show gross and net profit or loss
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suspense account
an account used temporarily to carry doubtful receipts and disbursements or discrepancies pending their analysis and permanent classification
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expense account, travel and entertainment account
an account to which salespersons or executives can charge travel and entertainment expenses
