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10:49 Mar 12, 2007 |
Spanish to English translations [PRO] Bus/Financial - Business/Commerce (general) | |||||||
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| Selected response from: Richard Cadena Mexico Local time: 14:28 | ||||||
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Summary of answers provided | ||||
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4 +1 | a charge to earnings of |
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5 | a charge to income in the amount of |
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4 | a results - target of |
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a charge to earnings of Explanation: :-) |
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a results - target of Explanation: :-) |
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a charge to income in the amount of Explanation: Both balance sheets and income statements conclude with of "income of the year" (assuming there is no loss). So charges are made to income of the year. Earnings is reserved more for items such as retained earnings / earnings per share, etc. Items such as "depreciation" or "severance payments" are expensed, that is, the word "expense" is used as a verb. Reference: Accounting Trends & Techniques published annually by the AICPA. Hope this helps. 18 years of translating from Spanish to English for the Mexico City accounting, auditing, tax, financial, et al community. -------------------------------------------------- Note added at 4 hrs (2007-03-12 15:37:43 GMT) -------------------------------------------------- This is really accounting. Is it possible to reclassify this question from business/commerce to accounting? Reference: http://aicpa.org Reference: http://imcp.org.mx |
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