GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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16:24 Mar 4, 2004 |
Spanish to English translations [PRO] Bus/Financial - Accounting / Cash Flow Statement | |||||||
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| Selected response from: Henry Hinds United States Local time: 21:25 | ||||||
Grading comment
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Summary of answers provided | ||||
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4 +4 | recovery of bad debts |
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5 | recovery of non-collectable accounts |
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4 | adjustment for losses/loss-adjustment expense |
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Discussion entries: 5 | |
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recovery of bad debts Explanation: Sounds like. -------------------------------------------------- Note added at 2004-03-04 20:20:49 (GMT) -------------------------------------------------- The corresponding amount is inside parenthesis, i.e. it is a negative amount or a \"cash outflow\" One thing that does puzzle me is this, it should be counted as income, though it would be of course subtracted from losses. At a given moment it would be written off and later it would become positive due to recovery. You would have to look at what these accounting figures are actually reflecting, perhaps not an easy task. Maybe it is being subtracted again from some loss figure. Exp. |
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Grading comment
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