What is the definition of Fixed accounting? | Dictionary.net

FIXED ACCOUNTING

\fˈɪkst ɐkˈa͡ʊntɪŋ], \fˈɪkst ɐkˈa‍ʊntɪŋ], \f_ˈɪ_k_s_t ɐ_k_ˈaʊ_n_t_ɪ_ŋ]\

Definitions of FIXED ACCOUNTING

1910 - Black's Law Dictionary (2nd edition)

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The way a nonprofit agency runs. Expenses are sent to a specific fund that is made to cover it.The actual revenue is used to pay for any expenses through this fund.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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