Clearing account
id:
clearing-account-197-1588384
title:
Clearing account
text:
A clearing account is usually a temporary account containing costs or amounts that are to be transferred to another account. An example is the income summary account containing revenue and expense amounts to be transferred to retained earnings at the close of a fiscal period. Other example of clearing account is excise clearing account.
brand slug:
wiki
category slug:
encyclopedia
description:
Temporary account containing costs or amounts
original url:
https://en.wikipedia.org/wiki/Clearing_account
date created:
date modified:
2024-04-24T19:56:37Z
main entity:
{"identifier":"Q5130868","url":"https://www.wikidata.org/entity/Q5130868"}
image:
fields total:
13
integrity:
14