Computer Hardware Asset, Depreciation, and Expense Clarification
Lincoln A Baxter
lab at lincolnbaxter.com
Wed Oct 19 19:03:46 EDT 2011
On Wed, 2011-10-19 at 07:26 -0400, Robert Heller wrote:
> In this 'age' of Debit Cards, automatic bill
> payments, direct deposit, and EFTs, the term 'checking account' is
> something of a misnomer.
Technically it is a Demand Deposit Account (DDA): An account at a bank
from which you can demand funds at anytime using a variety of
instruments (accessors).
Lincoln
(I work in Technology in at a major bank)
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