books of account


books of account
See *book (definition 1).

Auditor's dictionary. 2014.

Look at other dictionaries:

  • books of account — ˌbooks of acˈcount noun [plural] ACCOUNTING the accounting records of a business; = BOOK * * * books of account UK US noun [plural] ACCOUNTING ► a company s financial records: »The manager is responsible for keeping the books of account up to… …   Financial and business terms

  • books of account — Books in which merchants, traders, and businessmen generally keep their accounts; including journals, ledgers, and other accounting records. Entries made in the regular course of business. Nicola v. U.S., C.C.A.Pa., 72 F.2d 780, 783. Serial,… …   Black's law dictionary

  • books of account — Books in which merchants, traders, and businessmen generally keep their accounts; including journals, ledgers, and other accounting records. Entries made in the regular course of business. Nicola v. U.S., C.C.A.Pa., 72 F.2d 780, 783. Serial,… …   Black's law dictionary

  • books of account — The ledgers, day books, and other accounting records in which a business records its transactions. If the business is a limited company the accounting records must show in sufficient detail the position of the company at any time. See: statutory… …   Accounting dictionary

  • books of account — See book of account …   Ballentine's law dictionary

  • books of account — The ledgers, journals, and other accounting records in which a business records its transactions. If the business is a limited company the accounting records must show in sufficient detail the position of the company at any time. See statutory… …   Big dictionary of business and management

  • proper books of account — The books of account of a merchant or trader kept in such a manner, however inartistic or unprofessional it may be, that the real condition of the financial affairs of the business may be ascertained and determined upon an examination thereof.… …   Ballentine's law dictionary

  • records and books of account — The serial, continuous, and permanent memorials of it concern s business and affairs, chronologically and systematically kept and arranged. Cudahy Packing Company v United States (CA7 Ill) 15 F2d 133 …   Ballentine's law dictionary

  • account — a record of a business transaction. When you buy something on credit, the company you are dealing with sets up an account . This means it sets up a record of what you buy and what you pay. You will do the same thing with any customers to whom you …   Financial and business terms

  • account — 1) A statement of indebtedness from one person to another. A provider of goods or services may render an account to a client or customer (see sales invoice). 2) A named segment of a ledger recording transactions relevant to the person or the… …   Big dictionary of business and management


Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.