ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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MAINTENANCE OF ACCOUNTS Definition
MAINTENANCE OF ACCOUNTS, in accounting, ensures that all transactions and accounting records are in accordance with generally accepted accounting principles and applicable laws, and shall be in sufficient detail to permit an annual audit.
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ON ACCOUNT is a partial payment made towards satisfaction of a debt.
OPTIMAL SOLUTION is that which is determined to be the best solution from all feasible solutions.