What are Account ?What are purpose of account

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asked May 22, 2021 27.9k views

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Stryker · Answer 1 · 2021-05-27T22:29:00+0000

In accounting, an account is a record in the general ledger that is used to sort and store transactions.
For example, companies will have a Cash account in which to record every transaction that increases or decreases the company's cash.

What are Account ?What are purpose of account

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