CAPITAL ACCOUNT Definition

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CAPITAL ACCOUNT, in finance, is an account of the net value of a business at a specified date; in economics, it is that part of the balance of payments recording a nations outflow and inflow of financial securities.

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SUNDRY RECEIVABLES represent miscellaneous receivables.

KEOGH is a pension plan in the United States that allows a business to contribute a portion of profits into a tax-sheltered account.

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