备考注册会计师综合阶段英语 ACCA词典(可编辑).docVIP

备考注册会计师综合阶段英语 ACCA词典 Finance?Dictionary xujinchi@hotmail A Account A collection of investments, either taxable or tax-deferred. Account can be real contains investments actually owned or model hypothetical. Account type can be brokerage, mutual fund, or other a mutual fund can be an account if the fund is purchased directly from fund company or it can be an investment within an account, if purchased through a broker. Legally, accounts are set up as taxable or tax deferredThe legal owner of an account can be an individual, joint , corporate, custodian, estate, or trust. See Real Taxable Accounts, Joint Accounts, and Real Tax-Deferred Accounts Account Description Information that includes Account Type, Tax-deferred, Tax Method, and Account Note. These items are primarily used to classify accounts for tax purposes Account Note Descriptive text about an account that you can enter for your information, such as for College.Account Type When placing an order through this site, you must be sure to select the proper Account Type for the position you wish to trade. If a particular position resides in your cash account, for example, this site will automatically reject a sell order that specifies your margin account, and vice versa Accrual Method Accounting method where income and expenses are recorded when items are booked or billed. Contrast with a more common method, cash method, where income and expenses are logged from the time cash is actually spent or received Accrued Interest Interest earned but not yet paid. For most taxpayers, tax is due in year accrued interest is paid. When buying a bond, buyer pays seller any interest accrued since the last payment date. When the buyer eventually sells the bond, the new buyer pays any accrued interest. The accrued interest is subject to taxes for the seller, but reduces the tax liability for the buyer. For example, if a bond buyer paid $30 accrued interest to a seller, then received $1