Clearing account

A clearing account is usually a temporary account containing costs or amounts that are to be transferred to another account. An example is the income summary account containing revenue and expense amounts to be transferred to retained earnings at the close of a fiscal period.

单词	Clearing account
释义	Clearing account 原声例句 Leverage You were inside the bank clearing out your account. 你刚好在银行里清空你的户头。英语百科 Clearing account A clearing account is usually a temporary account containing costs or amounts that are to be transferred to another account. An example is the income summary account containing revenue and expense amounts to be transferred to retained earnings at the close of a fiscal period.
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