GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||
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06:36 Jul 22, 2013 |
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Danish to English translations [PRO] Bus/Financial - Law: Taxation & Customs / statement of accounts | |||||||
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| Selected response from: David Young (X) Denmark Local time: 08:25 | ||||||
Grading comment
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Summary of answers provided | ||||
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4 | net worth increase/decrease |
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3 | increase/decrease in capital |
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2 | (bal. sheet) addition(s)/disposal(s) of assets |
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Discussion entries: 3 | |
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net worth increase/decrease Explanation: Without further context, I assume this to be a line in the accounts which indicates the increase or decrease in the Net Worth (i.e. Assets less Liabilities) of a business or individual, which isn't necessarily the same as profit. http://www.extension.iastate.edu/agdm/wholefarm/html/c3-19.h... -------------------------------------------------- Note added at 1 hr (2013-07-22 08:24:39 GMT) -------------------------------------------------- Probably better formulated as "Increase/Decrease in Net Worth" |
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Grading comment
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(bal. sheet) addition(s)/disposal(s) of assets Explanation: As a statement of accounts includes (BE) profit and loss account/(AE) income statement as well as general balance sheet with (fixed = *disposable + addable*) assets and/or flow-of-fund analysis, it is very difficult to answer this question without knowing the a/c concerned and main or sub-heading. Suffice it to say that no previous ProZ answer seems to be astute to the asset addition vs. disposal contrast. Example sentence(s):
Reference: http://www.proz.com/kudoz/danish_to_english/finance_general/... |
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increase/decrease in capital Explanation: Looking on the Internet: Tilgang = Profit for year, new borrowings Afgang = Loss for year, repayments So not assets in general or net assets, and not additions and disposals, it's more of a funds flow thing over the year as a whole -------------------------------------------------- Note added at 1 day3 hrs (2013-07-23 10:02:59 GMT) -------------------------------------------------- This doesn't apply in the context belatedly provided, but it does to the more usual use of the terms |
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