Balance+accounts
51accounts — 1) The profit and loss account, balance sheet, and cash flow statements of a company. See annual accounts 2) See account; books of account …
52accounts payable — trade creditors The amounts owed by a business to suppliers (e. g. for raw materials). Accounts payable are classed as current liabilities on the balance sheet, but distinguished from accruals and other non trade creditors (such as HM Revenue and …
53accounts payable — *Short term, invoiced liabilities owed for the supply of goods or services. Accounts payable balances are classified as a *current liability in the *balance sheet. Further reading: Banks (2001) …
54accounts receivable — *Short term, invoiced amounts due from *customers for the supply of goods or services. Accounts receivable are classified as a *current asset in the balance sheet when their recoverability becomes doubtful, an *allowance for bad debts is created …
55balance sheet — Accounting. 1. a tabular statement of both sides of a set of accounts in which the debit and credit balances add up as equal. 2. a statement of the financial position of a business on a specified date. [1830 40] * * * Financial statement that… …
56Balance Reporting — A report by a bank to a customer, normally a company or organization, informing the customer of the balances in their accounts. These real time reports are key to the customer s cash management program, especially for companies with far flung… …
57balance of trade — The accounts setting out the results of a country s trading position. It is a component of the balance of payments, forming part of the current account It includes visibles (i. e. imports and exports in physical merchandise) but not invisible… …
58balance concentration — The practice of consolidating the bank accounts of a group of companies in order to minimize overdraft costs …
59balance sheet — bal′ance sheet n. bus a statement of the financial position of a business on a specified date, esp. a tabular statement showing the debit and credit balances to be equal in a set of accounts • Etymology: 1830–40 …
60Hydrostatic balance — Balance Bal ance (b[a^]l ans), n. [OE. balaunce, F. balance, fr. L. bilanx, bilancis, having two scales; bis twice (akin to E. two) + lanx plate, scale.] 1. An apparatus for weighing. [1913 Webster] Note: In its simplest form, a balance consists… …
