book account


Also found in: Dictionary, Thesaurus, Medical, Financial.

book account

n. an account of a customer kept in a business ledger of debits and credits (charges and payments), which shows the amount due at any given time. This can provide a clear basis for suing for a debt. (See: account stated)

References in periodicals archive ?
For the tax software to generate the correct form, all book accounts and tax adjustments would need to be remapped into the software.
Judges did not determine whether debtors and creditors used book accounts or formal written credit instruments to memorialize their legal obligations.
PBUSE provides close to real time, accurate visibility of your property book account. The old program only provided snapshots of the account when it was last updated.
NINEWA/ Aswat al-Iraq: Governor Atheel Nujaifi stated today that he informed the UN representative to Iraq Nicolai Mladenov that "the people of Ninewa should be allocated to defend their province from Da'ish gunmen".On his personal Face book account he added that he met Mr.
On his personal Face book account, he pointed out the reports made by a German magazine quoting Maliki saying that his plane was the target of a rocket.
Giving a break-up of the loan book, Mistry said while individual loan book accounts for 73 percent, up from 71 percent a year ago, construction finance accounts for 12 percent, 9 percent is from lease-rentals and the remaining 6 percent comes from corporate loans.
While Moody's expects a gradual stabilisation of the bank's domestic loan book, the rating agency expects future asset quality pressures to continue to stem from from the bank's Turkish subsidiary, Abank, whose loan book accounts for 17 per cent of group loans and has thus far generated 20 per cent of the group's NPLs.
10 dated September 21, 2015, the DOF and the BIR explained that taxpayers have to use only non-thermal papers to preserve their book accounts and other accounting records for a period of 10-years.