BOOKS OF ACCOUNT Definition

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BOOKS OF ACCOUNT are the financial records of a business. Usually refers to the lowest level of recorded data, before summaries are made.

Learn new Accounting Terms

CFO to DEBT see CASH FLOW / CURRENT PORTION OF LONG TERM DEBT.

PRICE FIXING is an illegal practice where competing companies agree, informally or formally, to jointly restrict or control prices within a specified range.

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