In accountancy, an account is a label for recording a quantity of almost anything. Most often it is a record of an amount of money owned or owed by or to a particular person or entity, or allocated to a particular purpose. It may represent amounts of money that have actually changed hands, or it may represent an estimate of the values of assets, or it may be a combination of these.

A contra account is an account that carries a balance opposite to the normal balance. An example would be Accumulated Depreciation. The term account is also used more generally by analogy and association with accountancy concepts, see account (disambiguation).

Generally Accepted Accounting Principles

Konto | compte | Konto | Cont_contabil