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n a basic storage unit in an accounting system. Individual accounts accept debit and credit entries that reflect the different types of transactions made by the practice.
account book,
n a book in which the financial transactions of a business or profession are entered. Such books may be admitted as evidence.
account, open,
n a straightforward arrangement between the dental provider and the patient for the handling of financial payments due the dental provider and owed by the patient.
account, payable,
n a dollar amount owed to creditors for items or services purchased from them.
References in periodicals archive ?
The Co-operative Bank recognises the importance of access to a bank account to enable people to participate actively in modern life.
It said only two out of the 17 banks and building societies that offer basic bank accounts would allow people who were going through bankruptcy to open one.
Q: A shareholder owns 100% of the stock of a foreign corporation, but its only bank account is in the U.
The second half of the book contains transcriptions of various bank accounts, real estate purchase deeds, and salary records, as well as accessible tabular charts of the information from those accounts.
Sure enough, the check had been deposited to the LDC bank account.
The Progressive Policy Institute's Anne Kim writes in an August 2001 study of the unbanked, "A bank account is the first step toward giving low-income Americans access to the mainstream tools for wealth creation now taken for granted by the middleclass.
In THE NEW AMERICAN'S 1997 examination of the anti-Swiss campaign ("Goodbye Gold," October 13, 1997), we quoted Israeli journalist Tom Segev's perspective: "Getting excited about private people's bank accounts trivializes the Holocaust.
If you deal regularly with a particular brokerage firm, consider setting up an AMA as a supplement to, or even a replacement for, a traditional bank account.
Since most victims make their investments by personal or cashier's check, the Ponzi artist usually deposits these funds (if only temporarily) into a bank account.
On February 8, 2011, the IRS announced a second opportunity for owners of foreign bank accounts to participate in a voluntary disclosure initiative.
19 ( ANI ): The Unique Identification Authority of India (UIDAI) on Tuesday issued a Gazette notification that makes nod of beneficiaries must for changing their subsidy-receiving bank account.
KARACHI -- Central Depository Company (CDC) has made it mandatory for account holders to provide International Bank Account Numbers (IBAN) as part of the registration details for existing and new accounts in the Central Depository System (CDS).