Book Of Account (Noun)
Meaning
A record in which commercial accounts are recorded; "they got a subpoena to examine our books".
Classification
Nouns denoting possession and transfer of possession.
Examples
- The company's book of account was audited by the government to ensure compliance with tax laws.
- They got a subpoena to examine our books and investigate any potential financial discrepancies.
- The accountant spent hours reviewing the book of account to identify any errors or discrepancies.
- The company's book of account was used as evidence in the court case against the former CEO.
- The auditor's job was to review the book of account and ensure that all financial transactions were recorded accurately.