balance Sheet equation, the

An alternative term for the *accounting equation.

Auditor's dictionary. 2014.

Look at other dictionaries:

  • the balance sheet equation — UK }} US }} noun [S] ► THE ACCOUNTING EQUATION(Cf. ↑the accounting equation) …   Financial and business terms

  • Balance sheet — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts  …   Wikipedia

  • balance sheet — / bæləns ʃi:t/ noun a statement of the financial position of a company at a particular time, such as the end of the financial year or the end of a quarter, showing the company’s assets and liabilities ● Our accountant has prepared the balance… …   Dictionary of banking and finance

  • balance sheet — / bæləns ʃi:t/ noun a statement of the financial position of a company at a particular time such as the end of the financial year or the end of a quarter showing the company’s assets and liabilities ● Our accountant has prepared the balance sheet …   Marketing dictionary in english

  • balance Sheet — An accounting summary of the financial position of an organization or individual at a specific date. A balance sheet offers a snapshot of *assets, liabilities, and *equity, and it sets out the results of the *accounting equation of *double entry… …   Auditor's dictionary

  • accounting equation, the — *Assets = liabilities + *capital. Under the conventions of *double entry bookkeeping, each accounting transaction has at least one *debit entry and at least one *credit entry of equal value. At any moment, the mathematical integrity of… …   Auditor's dictionary

  • the accounting equation — UK US noun [S] (also the balance sheet equation) ACCOUNTING ► a mathematical statement showing that to calculate a company owners equity you subtract its liabilities from its assets …   Financial and business terms

  • balance — {{Roman}}I.{{/Roman}} noun 1 even combination/distribution ADJECTIVE ▪ correct, equal, even, exact, ideal, necessary, optimal, optimum, perfect, prope …   Collocations dictionary

  • balance — I (amount in excess) noun carry over, excess, extra, leftover, margin, oddments, overflow, overmeasure, overplus, overrun, oversupply, plus, reliquus, remainder, remaining portion, remains, remnant, residual, residual portion, residue, residuum,… …   Law dictionary

  • The Black Book of Communism — The Black Book of Communism: Crimes, Terror, Repression is a book which describes a history of repressions, both political and civilian, by Communist states, including extrajudicial executions, deportations, and artificial famines. The book was… …   Wikipedia

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