A cash register, also referred to as a till in the United Kingdom and other Commonwealth countries, is a mechanical or electronic device for registering and calculating transactions. It is usually attached to a drawer for storing cash and other valuables.
Internal equity is a term related to various considerations about a workerâs view of the wages he or she receives in relation to ideas or observation of what wages he or she should.
Contra Equity Account. A contra equity account reduces the total number of outstanding shares listed on a companyâs balance sheet. Treasury stocks represent a contra equity account. When a company buys back its own shares from the open market, it records the transaction by debiting the treasury stock account. A company may decide to buy back its shares when management feels the stock is undervalued or because it desires to pay stock dividends to its shareholders.