What does clearing account mean?
Definitions for clearing account
clear·ing account
This dictionary definitions page includes all the possible meanings, example usage and translations of the word clearing account.
Wikipedia
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.Other example of clearing account is excise clearing account.
Numerology
Chaldean Numerology
The numerical value of clearing account in Chaldean Numerology is: 7
Pythagorean Numerology
The numerical value of clearing account in Pythagorean Numerology is: 2
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"clearing account." Definitions.net. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.definitions.net/definition/clearing+account>.
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