accounting records

Definition

Ledgers that are used in recording and maintaining financial data such as receipts, sales, and purchases.

Use accounting records in a sentence

You should always try and keep good accounting records so that you will know your money is going to the right places.

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The accounting records indicate the payments were not received in a timely manner, therefore the account is no longer in good standing.

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We had contacted the certified public accountant to explain to us the accounting records as there several unclear records we had questions about.

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