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12:39 May 13, 2014 |
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Dutch to English translations [PRO] Bus/Financial - Insurance / Investment for pension | |||||||
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| Selected response from: Martijn Goudsmit Netherlands Local time: 22:02 | ||||||
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Summary of answers provided | ||||
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4 | balance the accounts |
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4 | balance sheet equation |
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balance the accounts Explanation: According to the Dutch book Financieel beheer voor managers: De balans moet op elk moment van het jaar een evenwicht vertonen, aangezien elk activabestandsdeel op een of andere manier moet worden gefinancieerd. Passiva en activa zijn dus steeds aan elkaar gelijk. Men noemt dit de comptabele equatie, of het boekhoudkundig, evenwicht. In English this is referred to as balancing the accounts. The account of ... must be balanced. |
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balance sheet equation Explanation: According to the website: http://www.hewittfs.com/invest_glosry_BBe.htm#BalanceSheetEq... Balance Sheet Equation, Total liabilities plus stockholders equity is equal to total company assets. |
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