CHECKING ACCOUNT Definition

Bookmark and Share

CHECKING ACCOUNT is an account at a bank or savings and loan from which an individual can withdraw money by check, ATM card or debit card.

Learn new Accounting Terms

CVP see COST-VOLUME-PROFIT ANALYSIS.

CASH IN TRANSIT is cash being transferred from one business to another or between two parts of the same business. If it is not recorded as an asset in either an adjusting entry may be necessary.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.