Accounting loss that does not directly affect income statement (profit and loss account) and cash flow statement. For example, a probable loss from devaluation of foreign currency assets (or from revaluation of foreign currency liabilities) shown on the firm's balance sheet.
A part of the balance sheet account which indicates balances within a particular fund. The balance sheet code relates to assets and liabilities, both of which must balance against each other when the account is reconciled. Using codes allows a business to record accounting transactions accurately ...
A type of balance sheet item that carries over from one year to another, rather than being closed out at the end of the year. Examples of balance sheet accounts include accounts payable and common stock. See also balance sheet code
The total amount that appears on a company's balance sheet.
The total amount that appears on a statement from a financial institution.
Previous balance on an account which is carried over to the next billing period. Depending on the account terms, additional fees may be accessed if the total balance carried forward exceeds a certain amount. Balances on credit cards are often carried forward if the credit card holder pays down only ...
The process of billing a patient for the difference between the medical service provider's actual charges and the amount that the provider will be reimbursed from the patient's insurance benefits plan.
An amount shown in a financial statement representing amounts formerly classified as receivable that will probably be written off
