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

beer mat

a small piece of cardboard that you put under a glass to protect a table surface in a pub or bar

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More