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 • 656 views

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

"liability in its balance sheet"

This phrase is used to highlight the importance or effect of liabilities that are present within a balance sheet.

Show examples from the web [+]

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

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

"liability on its balance sheet"

This phrase is commonly used to describe the liabilities that are included or recorded on a balance sheet.

Show examples from the web [+]

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

How TextRanch works

Fast and reliable proofreading, editing, and language advice tailored to your needs.

1. Choose Your Service

Quick Text Editing

Emails and short texts
Proofreading & editing
Ready in 5-10 minutes

SUBMIT YOUR TEXT NOW

Document Editing

Documents of any type (*.docx)
Advanced & Premium editing
Ready in as little as 4 hours

UPLOAD YOUR DOCUMENT

Ask an Editor

Personalized answers to your language questions
Expert guidance on grammar, style, and usage
Ready in 24 hours

ASK YOUR QUESTION

Upload your document or paste your text directly into our platform. Your text is reviewed and refined by our expert editors (real people, not machines) who understand the nuances of English. Expect corrections, improvements, and insightful suggestions that enhance the clarity, tone, and professionalism of your writing.

3. Receive Your Polished Text

In just a few minutes (or hours for longer documents), you'll receive your corrected text. Review the changes, make any final adjustments, and confidently share your polished English with the world.
You can count on a personalized, friendly service every time you use TextRanch. We're committed to helping you make a great impression with every word you write.

We proofread and edit these types of texts and documents:

Short texts Business Emails Personal Emails Social media posts Resume and Curriculum Vitae Business documents Sales proposal Research and academic papers Thesis Dissertation Essays Articles Blog posts and much more....

Our Customers Love Us!

We have an average rating of 4.79 stars based on 283125 votes, and

4.9 Excellent - Reviews 2.137

"7 years without any disappointment. Always 100% satisfied. You guys are the best in the world at what you do. Thank you so much :)"

Zubair
from Bangladesh

"I wasn't aware of this service, it's fascinating and more reliable than standard IA tools available on the internet"

Arturo
from Mexico

"In a world of text messages and online communication, this is great to have as a live tool. Thank you."

Selena
from USA

"Wow, it's just so excellent. I never would have believed I could have a sure and excellent English companion. Thanks, TextRanch."

Ifiok
from Nigeria

"This is my first time using TextRanch, and I like how the editors take time to correct my text. To everyone who has never used TextRanch before, I highly recommend trying it."

Wilson
from France

"It is an amazing source of feedback because, as a non-native speaker, I really need to have a reliable helper correct my text."

Susan
from Germany

liability in its balance sheet vs liability on its balance sheet