All About Accounting

1. A narrative or record of events.
1. A reason given for a particular action or event: What is the account for this loss?
2. A report relating to one's conduct: gave a satisfactory account of herself.
3. A basis or ground: no reason to worry on that account.
3. Abbr. a/c or acct.
1. A formal banking, brokerage, or business relationship established to provide for regular services, dealings, and other financial transactions.
2. A precise list or enumeration of financial transactions.
3. Money deposited for checking, savings, or brokerage use.
4. A customer having a business or credit relationship with a firm: salespeople visiting their accounts.
4. Worth, standing, or importance: a landowner of some account.
5. Profit or advantage: turned her writing skills to good account.

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