Definition of Accountable receipt

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TeachMeFinance.com - explain Accountable receipt




historic definition...

Accountable receipt -- A receipt given for money or property to be subsequently accounted for. An accountable receipt is given by a party who receives money which he is to disburse and for which he is to account. An accountable receipt is given by a party who receives As a consignee or commission merchant) goods which he is to dispose of and for which he is to account.


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