svalutazione dei crediti compresi nell'attivo circ

English translation: >> see below <<

08:55 Jun 29, 2000
Italian to English translations [PRO]
Bus/Financial
Italian term or phrase: svalutazione dei crediti compresi nell'attivo circ
the last word is "liquide". I have put "bad debts included in current assets and cash on hand" but it really doesn't seem to make sense... does it?
Thanks in advance
dsmith (X)
Local time: 06:52
English translation:>> see below <<
Explanation:
Much of double-entry accounting seems completely illogical. However, in this case, I think the Italian phrase is referring to the company's allowance (or reserve) for bad debts, which would be posted on the balance sheet under current assets and cash on hand. -- Hope this helps!
Selected response from:

Heathcliff
United States
Local time: 21:52
Grading comment
Thanks a lot for your help.
Derek
4 KudoZ points were awarded for this answer



Summary of answers provided
na>> see below <<
Heathcliff
nawrite-down of current receivables (debtors)
wmcmanus


  

Answers


32 mins
>> see below <<


Explanation:
Much of double-entry accounting seems completely illogical. However, in this case, I think the Italian phrase is referring to the company's allowance (or reserve) for bad debts, which would be posted on the balance sheet under current assets and cash on hand. -- Hope this helps!

Heathcliff
United States
Local time: 21:52
Native speaker of: English
PRO pts in pair: 504
Grading comment
Thanks a lot for your help.
Derek
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13 hrs
write-down of current receivables (debtors)


Explanation:
use "debtors" for EU, receivables for IAS

wmcmanus
Local time: 06:52
PRO pts in pair: 29
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