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Current Accounts

The aggregate amount of the assets owned (and controlled) by an entity such as cash, cash equivalents, accounts receivable, inventory…

Total Current Assets

The aggregate amount of the assets owned (and controlled) by an entity such as cash, cash equivalents, accounts receivable, inventory…

GL

It’s stands for general ledger; a bookkeeping ledger in which accounting figures (related to transactions and events) are recorded as…

General Ledger

A bookkeeping ledger in which accounting figures (related to transactions and events) are recorded as derived from journals and aggregated…

Losses

In accounting, losses are a component of an entity's income that may, or may not, arise in the ordinary course...

Unrealized Income

All profit or losses (sources of income, positive or negative) that have occurred on paper, while respective transactions have not...

Quoted Market Price

A marked-observed input value that is used in the calculation of an item's fair value (FV). Quoted market prices are...

Comprehensive Earnings

An alternative term for comprehensive income; a measure of income (accounting income) that consists of an entity's regular income, i.e.,...

Deemed Fair Value

An approximation to the fair value (FV) as a measurement base (for assets and liabilities). Such a measure is resorted...

Net A/Rs

It stands for net accounts receivable; a measure of receivables (accounts receivable) of an entity that represents the amounts owed...