expense account
Definition
Money advanced to a salesperson, or any other employee or officer of a firm, for food, travel, accommodation, entertainment of clients, and other such expenses considered necessary to make sales or to get a job done.
expense account is in the Accounting & Auditing and HR, Teams, & Training subjects.
expense account appears in the definitions of the following terms: credit, nominal account, debit, income summary account and normal account balance
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