You account for it
Mom: look, this is my bankbook.
Boy: Uh, do you count up your money in this list?
Mom: In a way yes. You count your money, or you account for it.
That's why it's called a bank account.
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What does "you account for it" mean?
Top answer
rezaenglish What does "you account for it" mean? You keep a record of your money — what money you received and what money you spent — so that you have a sort of written explanation of what is happening with your money. CJ
- rezaenglish What does "you account for it" mean?
- You keep a record of your money — what money you received and what money you spent — so that you have a sort of written explanation of what is happening with your money.
- CJ
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rezaenglishWhat does "you account for it" mean?
You keep a record of your money — what money you received and what money you spent — so that you have a sort of written explanation of what is happening with your money.
CJ
0Businesses call it a ledger. It is an accounting of all the income and expenses.
A bankbook is an old-fashioned term. It is a personal ledger, but only for this one bank account.
A person can count the money they have on hand. They add up all the bills (paper money, notes) and coins.
Parents should teach their children about budgeting. A budget is a plan for your money each
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