NONRECURRING Definition

Bookmark and Share

NONRECURRING is an income statement item that is infrequent in occurrence or unusual in nature.

Learn new Accounting Terms

OFF-FRONT PAYMENT see UP-FRONT PAYMENT.

PERSONAL ACCOUNTS represents money due to or due from a person or group of persons. For example, Accounts Payable - Suppliers is a personal account since this amount is payable to a supplier/suppliers.

Suggest a Term

Enter Search Term

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