To figure the price per-square-foot, take the sales price and divide it by the square footage. Say you are looking at a 1,500-square-foot home that is listed for $150,000. The price per-square-foot is $100.Maybe the home next door is 2,000 square feet, and it is listed at $185,000.f you can compare the average price-per-square-foot for the past 12 months, you can determine whether values are rising or falling. But much of that depends on the average size of home. As long as all homes are similar in square footage, the average price per-square-foot will show you a trend.
Definitions (2) 1. A record of financial transactions for an asset or individual, such as at a bank, brokerage, credit card company, or retail store. 2. More generally, an arrangement between a buyer and a seller in which payments are to be made in the future. Use account in a sentence.
An account is the basic information storage unit in accounting. Changes in assets, liabilities and equity items are recorded chronologically in accounts. There are separate accounts for each asset, each liability and each equity item. Accounts have account title and a reference number unique to them. Account title describes the type of asset, liability or equity represented by that account. The T-Account is the most common type of accounts and it is easy to begin the study of accounting with T-Account. A T-Account resembles the English letter T. The word debit and credit simply mean left and right side respectively.