Balance+accounts
31Balance of trade — Cumulative Current Account Balance 1980–2008 based on the International Monetary Fund data …
32balance of payments — The accounts setting out a country s transactions with the outside world. They are divided into various sub accounts, notably the current account and the capital account. The former includes the trade account, which records the balance of imports …
33balance sheet — an important business document that shows what a business owns and owes as of the date shown. Essentially a balance sheet is a list of business assets and their cost on one side and a list of liabilities and owners equity (investment in the… …
34accounts receivable — trade debtors The amounts owing to a business from customers for invoiced amounts. Accounts receivable are classed as current assets on the balance sheet, but distinguished from prepayments and other non trade debtors. A provision for bad debts… …
35accounts receivable — trade debtors The amounts owing to a business from customers for invoiced amounts. Accounts receivable are classed as current assets on the balance sheet, but distinguished from prepayments and other non trade debtors. A provision for bad debts… …
36balance — {{11}}balance (n.) early 13c., apparatus for weighing, from O.Fr. balance (12c.) balance, scales for weighing, also in the figurative sense; from M.L. bilancia, from L.L. bilanx, from L. (libra) bilanx (scale) having two pans, possibly from L.… …
37balance-sheet formats — Methods of presenting a balance sheet, as set out in the Companies Act (1985). There are two formats: one vertical (format 1) and one horizontal (format 2). Both formats give the same basic disclosures, but format 1 also requires the calculation… …
38balance sheet — A statement of the total assets and liabilities of an organization at a particular date, usually the last day of the accounting period. The first part of the statement lists the fixed and current assets and the liabilities, whereas the second… …
39Balance reporting — Information supplied by the financial institution to its clients about their accounts. See also Statement of accounts. Reports dealing with information contained in the financial institution s balance sheet …
40balance sheet — A statement of the total assets and liabilities of an organization at a particular date, usually the last day of the accounting period The first part of the statement lists the fixed and current assets and the liabilities, whereas the second part …
