Lexic.us

Definition of Expense account

1. Noun. An account to which salespersons or executives can charge travel and entertainment expenses.

Definition of Expense account

1. Noun. A bank account which employees may make withdrawals from for work-related purposes. ¹

2. Noun. An arrangement whereby an employee is reimbursed for work-related expenses. ¹

¹ Source: wiktionary.com

Lexicographical Neighbors of Expense Account

Literary usage of Expense account

Below you will find example usage of this term as found in modern and/or classical literature:

1. 20th Century Bookkeeping and Accounting: A Treatise on Modern Bookkeeping by James Williams Baker (1918)
"expense account: *f 1. With the insurance, taxes, and If 4. ... To Close the Manufacturing expense account. When the journal entry to close the ..."

2. Bookkeeping and Accountancy: Presenting the Art of Bookkeeping in Accordance by Harry Marc Rowe (1910)
"Insurance expense account is kept to show the amount of premiums which have ... Insurance expense account is, therefore, in a sense, a companion account of ..."

3. The Modern Trust Company: Its Functions and Organization by Franklin Butler Kirkbride, Joseph Edmund Sterrett (1908)
"expense account It is important that the authority for all expenditures should originate from a single source. One of the general officers should be ..."

4. Bookkeeping and Cost Accounting for Factories by William Kent (1918)
"expense account (or any subdivision of the account) is charged with expenditures, Cash, Petty Cash, Accounts Receivable or other account being credited. ..."

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