🎁 A holiday package to celebrate the season! Click here and shop now!

TextRanch

The best way to perfect your writing.

Discover why 1,062,726 users count on TextRanch to get their English corrected!

1. Input your text below.
2. Get it corrected in a few minutes by our editors.
3. Improve your English!

One of our experts will correct your English.

Our experts

liability in its balance sheet vs liability on its balance sheet

Both phrases are correct, but they are used in slightly different contexts. 'Liability on its balance sheet' is more commonly used to refer to the presence of liabilities listed on a balance sheet. On the other hand, 'liability in its balance sheet' could be used to emphasize the impact or significance of liabilities within the balance sheet.

Last updated: March 27, 2024 • 566 views

liability in its balance sheet

This phrase is correct and can be used to emphasize the impact or significance of liabilities within the balance sheet.

This phrase is used to highlight the importance or effect of liabilities that are present within a balance sheet.
  • Indeed, it is clearly in BNFL's interest to have smaller liabilities in its balance sheet.
  • The liability in the balance sheet is determined on a similar basis as that for the pension obligations (see above).
  • Some items have a tax base but are not recognised as assets and liabilities in the balance sheet.
  • The fair value of the hedging instrument(s) is recognised as an asset or liability in the balance sheet.
  • The reserve base of an institution is defined in relation to the short-term liabilities on its balance sheet.
  • Payments outstanding on non-called up capital amount to EUR 443 million and are included as contingent liabilities in the off-balance sheet.
  • Payments outstanding on non-called up capital amount to EUR 442.5 million and are included as contingent liabilities in the off balance sheet.
  • Payments outstanding on non-called up capital (80 %) amount to EUR 480 million and are included as contingent liabilities in the off balance sheet.
  • Payments outstanding on non-called up capital amount to EUR 442,5 million and are included as contingent liabilities in the off-balance sheet.
  • The liabilities of a disposal group classified as held for sale shall be presented separately from other liabilities in the balance sheet.
  • The company shall include among the liabilities in the balance sheet, a reserve, unavailable for distribution, of the amount of the aggregate financial assistance.
  • Charges still to be paid in respect of finance leases and similar entitlements are shown in long-term and short-term liabilities in the balance sheet (see also notes E.2.15 and E.2.18.1).
  • Charges still to be paid in respect of finance leases and similar entitlements are shown in long-term and short-term liabilities in the balance sheet.
  • Charges still to be paid in respect of finance leases and similar entitlements are shown in long-term and short-term liabilities in the balance sheet.
  • The contra-entry to these appropriations carried over and not yet used is to be found in the short-term liabilities in the balance sheet.
  • Temporary differences are differences between the carrying amount of an asset or liability in the balance sheet and its tax base.
  • The restatement of financial statements in accordance with this standard may give rise to differences between the carrying amount of individual assets and liabilities in the balance sheet and their tax bases.
  • This means that they were financed through a debt (bonds) to the Pension Fund of State Employees, which was then booked as a long-term liability in the balance sheet of the annual accounts for 1997 and the following years.
  • The amendments are intended to ensure that issuers of financial guarantee contracts include the resulting liabilities in their balance sheet.
  • The company shall include, among the liabilities in the balance sheet, a reserve, unavailable for distribution, of the amount of the aggregate financial assistance.

Alternatives:

  • liabilities listed on its balance sheet
  • liabilities within its balance sheet
  • liabilities recorded in its balance sheet
  • liabilities reflected in its balance sheet
  • liabilities contained in its balance sheet

liability on its balance sheet

This phrase is correct and commonly used to refer to the presence of liabilities listed on a balance sheet.

This phrase is commonly used to describe the liabilities that are included or recorded on a balance sheet.
  • An entity shall recognise a financial asset or a financial liability on its balance sheet when, and only when, the entity becomes a party to the contractual provisions of the instrument.
  • An entity shall recognise a financial asset or a financial liability on its balance sheet when, and only when, the entity becomes a party to the contractual provisions of the instrument. (See paragraph 38 with respect to regular way purchases of financial assets.)
  • The reserve base of an institution is defined in relation to the short-term liabilities on its balance sheet.
  • Will the Commission please explain its inclusion of pension fund liabilities on both sides of its balance sheet and indicate what action is being taken to rectify this situation?
  • The wind-down of the liabilities on HBI's balance sheet will follow the wind-down of the assets on its balance sheet and will be determined by the latter.
  • Indeed, it is clearly in BNFL's interest to have smaller liabilities in its balance sheet.
  • Bank overdrafts are shown within financial liabilities under current liabilities on the balance sheet.
  • An amount of EUR 3.3 million was paid in 2003 and the balance is included under long and short term liabilities on the balance sheet.
  • The measure provides capital relief to BPN and the combined entity where no alternatives existed on the market and where other competitors must incur such liabilities on their balance sheet.
  • In addition, the amount of the sanction will vary in accordance with the economic size of the reporting agent, measured by the total assets/ liabilities of its balance sheet.
  • LIABILITIES Balance sheet item Categorisation of contents of balance sheet items Valuation principle
  • Important post-balance-sheet events that do not affect the condition of assets and liabilities at the Balance Sheet date are disclosed in the notes.
  • policies for recognising liabilities on the balance sheet for arrangements that could require the institution to provide financial support for securitised assets;
  • (vi) policies for recognising liabilities on the balance sheet for arrangements that could require the credit institution to provide financial support for securitised assets;
  • policies for recognising liabilities on the balance sheet for arrangements that could require the credit institution to provide financial support for securitised assets;
  • Some liabilities resulting from off-balance sheet items could also be included in the reserve base.
  • The remaining commitments to be fulfilled are shown on the liability side of the balance sheet.
  • No minimum reporting requirement is established for the liability side of the balance sheet.
  • LIABILITIES Stocks Accounting balance sheet format Item Residence Type Currency Sector Description Further breakdown provided Sub-sector Maturity
  • LIABILITIES Stocks Accounting balance sheet format Item Residence Type Sector Description Further breakdown provided Sub-sectors Maturity

Alternatives:

  • liabilities listed on its balance sheet
  • liabilities within its balance sheet
  • liabilities recorded in its balance sheet
  • liabilities reflected in its balance sheet
  • liabilities contained in its balance sheet

Related Comparisons

What Our Customers Are Saying

Our customers love us! We have an average rating of 4.79 stars based on 283,125 votes.
Also check out our 2,100+ reviews on TrustPilot (4.9TextRanch on TrustPilot).

Why choose TextRanch?

Lowest prices
Up to 50% lower than other online editing sites.

Fastest Times
Our team of editors is working for you 24/7.

Qualified Editors
Native English experts for UK or US English.

Top Customer Service
We are here to help. Satisfaction guaranteed!

×

💝 TextRanch Holidays Offer! 💝️

25% special discount
Stock up on credits for the entire year!

Grab this offer now!