Account

in its legal signification, a state- ment shewing an amount or balance due by one party tu another for sums paid, goods supplied. or services rendered. A balance agreed and settled ovetwoen the parties is termed an “account stated.” In bankruptey the foilure of a tradesman to keep proper accounts of his busine is a criminal offence. Corporations and officers of the Court are generally required to publish periadical accounts; life a urance companies are nece itated under the Act, 1K70, to make very elaborate returns and accounts building societies are also required to do the same with the registrar annually. 18) Aceldama. ee ed Accountant, “one whose profe ion it is to understand book-keeping and accounts of all kinds in theory and practice.” The principal work devolving upon him is: (1) To audit books of account in order to secure correctne and detect fraud; (2) to prepare balance-sheets and any other returns and statistics of trade; (3) to administer insolvent estates of companies and private debtors, and adjust the rights and liabilities of partners and creditors; (4) to investigate and arbitrate upon busine disputes, Since 1880 the profe ion has been governed by the “Institute of Chartered Accountants in England and Wales.” Scotland also po e es three Chartered Institutes in Edinbargh, Aberdeen, and Glasgow. Accrah, «4 town in W. Africa, under British jurisdiction, about 75 miles N.E. from Cape Coast Castle. It is now the seat of government in the Gold Coast Settlement.