A type of account (a general ledger account/ GL account) that closes at the end of each accounting year. Basically,...

A branch of accounting that is concerned with producing the information that enables an entity's management to control and evaluate...

For a manufacturer, it is a type of control account that tracks and control the indirect manufacturing costs (OH: overhead...

For a manufacturer, it is a type of control account that tracks and control the indirect manufacturing costs (overhead costs)...

A type of account (a general ledger account/ GL account) that closes at the end of each accounting year. Basically,...

A general ledger account (GL account) that does not close at the end of the accounting year (as opposed to...

An account that an entity uses to accurately account for certain items of cost. For that purpose, there are specific...

A system in which an entity's cost accounts are maintained separately and distinctly from its financial accounts, and the two...

An account that, in contrast to impersonal accounts, is held for each of an entity's credit customers, suppliers, or other...

An account that is not held in the name of a certain person (natural or legal person). Such an account...