Contra balances

Spanish translation: saldos de las contracuentas

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:Contra balances
Spanish translation:saldos de las contracuentas
Entered by: patinba

02:59 Jul 19, 2018
English to Spanish translations [PRO]
Bus/Financial - Finance (general) / Tax Audit
English term or phrase: Contra balances
Analysis of "contra balances" is one of the activities during the internal control audit of the company .
Erick Forero
Colombia
Local time: 02:19
saldos de las contracuentas
Explanation:
Contra accounts — AccountingTools
https://www.accountingtools.com/articles/what-is-a-contra-ac...
Oct 3, 2017 - Contra Account Overview. A contra account offsets the balance in another, related account with which it is paired.

Contra Account - Investopedia
https://www.investopedia.com/terms/c/contraaccount.asp
A contra account is an account used in an account ledger to reduce the value of a related account. A contra account's natural balance is opposite of the associated account. If a debit is recorded in a related account, the contra account record also records a credit.

A contra account is a general ledger account which is intended to have its balance be the opposite of the normal balance for that account classification. For instance, a contra asset account is intended to have a credit balance instead of the debit balance normally found in an asset account.
What is a contra account? | AccountingCoach

Contra cuenta (Cuentas reguladoras). Una cuenta con dos características que la distinguen: 1)-siempre la acompaña otra cuenta, 2)-su saldo normal es el opuesto al de la cuenta acompañante.
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patinba
Argentina
Local time: 04:19
Grading comment
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Summary of answers provided
4saldos de las contracuentas
patinba


  

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8 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
contra balances
saldos de las contracuentas


Explanation:
Contra accounts — AccountingTools
https://www.accountingtools.com/articles/what-is-a-contra-ac...
Oct 3, 2017 - Contra Account Overview. A contra account offsets the balance in another, related account with which it is paired.

Contra Account - Investopedia
https://www.investopedia.com/terms/c/contraaccount.asp
A contra account is an account used in an account ledger to reduce the value of a related account. A contra account's natural balance is opposite of the associated account. If a debit is recorded in a related account, the contra account record also records a credit.

A contra account is a general ledger account which is intended to have its balance be the opposite of the normal balance for that account classification. For instance, a contra asset account is intended to have a credit balance instead of the debit balance normally found in an asset account.
What is a contra account? | AccountingCoach

Contra cuenta (Cuentas reguladoras). Una cuenta con dos características que la distinguen: 1)-siempre la acompaña otra cuenta, 2)-su saldo normal es el opuesto al de la cuenta acompañante.

patinba
Argentina
Local time: 04:19
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 1550
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