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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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