Definition: A registry of pecuniary transactions; a written or printed statement of business dealings or debts and credits, and also of other things subjected to a reckoning or review.
Alright class, settle down now, let’s take a look today,
At the word ‘account,’ it’s quite a play!
The dictionary gives us a clue, you see,
A detailed record for you and me.
(Pause for effect - like a teacher tapping a pencil)
“Pecuniary transactions,” that's a fancy phrase,
Meaning money moving in countless ways!
It’s where your dollars go, and where they start to grow,
Like little seeds of spending, row on row.
Think of it like this, a ledger so neat,
Recording every purchase, bitter or sweet.
A ‘written or printed statement,’ clear and bright,
Showing debts you owe, with all your might!
(Slight smile)
"Business dealings," that's the work we do,
From selling cookies to building something new.
“Debts and credits,” a balancing act,
Where money coming in, perfectly tracked.
But wait, there’s more! It’s not just for trade,
It can track things carefully made.
"Other things subjected to a reckoning or review,"
Like savings accounts – it's truly true!
(Encouraging tone)
So ‘account’ means a record, precise and bold,
Of everything that’s bought and sold.
Does anyone have questions? Don’t be shy,
Let’s explore this concept with a twinkle in your eye!