magicphil

What is a Current Account?

Explain briefly what is a Current Account?

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thekillers

In case of fixed capital accounts, other transactions such as Drawings and Profit etc. are recorded in a separate account called Current Account. Source:http://in.docsity.com/en-docs/Business_Entities-Financial_Accounting-Lecture_Handout_

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loveu

"the present history is amongst the 2 principal components of into your market regarding installments, another currently being funds account.Is it doesn't sum of into your market connected with deal (i.electronic., final earnings upon exports without obligations for imports), aspect earnings (revenue in international ventures subtracting repayments created to unusual investors) and funds transfers."

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