A statement of transactions made out by a creditor and presented to the debtor.
After the debtor has examined the account and accepted it, an account rendered becomes an account stated.
A statement of transactions made out by a creditor and presented to the debtor.
After the debtor has examined the account and accepted it, an account rendered becomes an account stated.
Please include a link to this page if you have found this material useful for research or writing a related article. Content on this website is from high-quality, licensed material originally published in print form. You can always be sure you're reading unbiased, factual, and accurate information.
Highlight the text below, right-click, and select “copy”. Paste the link into your website, email, or any other HTML document.
User Comments Add a comment…