what is mean by account
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Explanation:
a report or description of an event or experience.
"a detailed account of what has been achieved"
Similar:
description
report
version
story
narration
narrative
statement
news
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exposition
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communiqué
recital
rendition
sketch
delineation
portrayal
tale
chronicle
history
record
archive
annal
minute
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proceeding
transcript
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weblog
blog
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side
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sitrep
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 record
book
ledger
journal
balance sheet
financial statement
results
verb
1.
consider or regard in a specified way.
"her visit could not be accounted a success"
Similar:
consider
regard as
reckon
hold to be
think
think of as
look on as
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see as
take for
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interpret as
2.
RARE
prepare or present a record an account of money given or received.
"in order that he may be able to account accurately, the trustee should not mingle the trust property with other property"
Answer:
An account is a record in an accounting system that tracks the financial activities of a specific asset, liability, equity, revenue, or expense. These records increase and decrease as the business events occur throughout the accounting period.