Statement of account

statement of account
report indicating the account status of an agreement between creditor and debtor. The statement is usually issued by the creditor indicating details such as the unpaid balance due and payment history.

statement of account - Related Articles
Preparing Financial Statements: Profit and Loss Accounts (P&Ls)
Checklists
This checklist outlines the ways profit and loss accounts (P&Ls), or income statements, are prepared in financial statements.

Statement of accounting policies - Refers to a combination of the definition of the reporting organisation, statement of general accounting policies, statement of particular accounting policies, and a statement of changes in accounting policies.

See: Statement of Accounting Standards No. 52. Statement of Financial Accounting Standards No. 52 The currency translation standard currently used by US firms. It mandates the use of the current rate method.

See statement of account and bank statement....(Read more)
Statement Of Account
A document, issued by a supplier to its customer, listing transactions over a given period, normally monthly. It will include details of inv...(Read more) ...

Bank statement: A monthly statement of account which a bank renders to each of its depositors.
Bankruptcy: the condition of being unable to pay debts, with liabilities greater than assets.

This is a currency translation standard previously in
use by U.S. accounting firms. See: Statement of Accounting standards No. 52.
Statement of Financial Accounting Standards No. 52 ...

Every month NSDL forwards statement of account to a random sample of investors as a counter check.

A relationship under a particular legal name (business, individual, trust), such as a checking account or savings account. The term is also used to describe the historical record of payments, deposits or withdrawals, called the statement of account ...

Statement of Financial Accounting Standards No. 8
The is a currency translation standard once used by U.S. accounting firms. See: Statement of Accounting Standards No. 52.

See also: Mandate, Current rate method, Expense, Expected return, Banks