follow Dictionary.com

Hone in vs. home in? What's the difference?

income account

noun
1.
an account maintained for a particular item of revenue or income.
2.
Also called profit and loss account. a summary account for income and expenditures, used in closing the ledger.
Origin of income account
1865-1870
1865-70
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
Cite This Source
Examples from the Web for income account
Historical Examples

Word of the Day

Difficulty index for income account

Few English speakers likely know this word

Word Value for income

10
13
Scrabble Words With Friends