Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “real accounts”

real accounts

noun [plural]
 
 
ACCOUNTING a company's accounts relating to assets, liabilities (= what it owes), and capital. Amounts of money in these accounts at the end of one accounting period are moved to the beginning of the next one: The principle rule for real accounts is that whatever comes into the firm is debit and whatever goes out is credit.
→ Compare nominal account
(Definition of real accounts from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of real accounts?
Add Cambridge dictionaries to your browser to your website

Word of the Day

see the light of day

When something sees the light of day, it appears for the first time.

Word of the Day

Highly delighted, bitterly disappointed, ridiculously cheap: adverbs for emphasis.

by Liz Walter,
October 22, 2014
We often make adjectives stronger by putting an adverb in front of them. The most common ones are very and, for a stronger meaning, extremely: He was very pleased. The ship is extremely large. However, we don’t use very or extremely for adjectives that already have a strong meaning, for example fantastic,

Read More 

life tracking noun

October 20, 2014
the use of one or more devices or apps to monitor health, exercise, how time is spent, etc.

Read More