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LSDefine

Simple English definitions for legal terms

book account

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A quick definition of book account:

A book account is a record of all the money information for a person or business. It shows how much money a person owes or has. For a business, it shows all the transactions between different people or groups. For a person, it shows all the transactions with other people.

A more thorough explanation:

Book account

A book account is a detailed record of all the financial information of a person or business. It shows the debit and credit of an individual and the amount of debt they owe at any given time. For a business, it shows a detailed history of transactions between different parties. For a person, it shows a detailed history of their transactions with others.

Example 1: A business's book account shows all the transactions between the business and its suppliers, customers, and employees. It includes information about sales, purchases, salaries, and expenses.

Example 2: A person's book account shows all the transactions they have made with their bank, credit card companies, and other individuals. It includes information about deposits, withdrawals, purchases, and payments.

These examples illustrate how a book account is a comprehensive record of all financial transactions. It helps individuals and businesses keep track of their finances and make informed decisions about their money.

bondsman | book value

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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