on the balance sheet vs in the balance sheet

Both 'on the balance sheet' and 'in the balance sheet' are commonly used phrases in English, but they are used in slightly different contexts. 'On the balance sheet' is more commonly used to refer to items or information that are included in the financial statement, while 'in the balance sheet' is used to describe where something is located within the document.

Last updated: March 24, 2024 • 2210 views

This phrase is correct and commonly used in English to refer to items or information that are included in the financial statement.

"on the balance sheet"

Use 'on the balance sheet' when referring to items or information that are included in the financial statement.

Examples:

The assets are listed on the balance sheet.
The liabilities are shown on the balance sheet.
The income statement feeds into the numbers on the balance sheet.

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Derivatives should be recorded on the balance sheet on a gross basis.
It is about getting that public service delivered to them, irrespective of what is on the balance sheet.
Improvements to assets entered on the balance sheet shall increase their book value.
These guarantees, however, differ from those disclosed above as they relate to assets already included on the balance sheet.
An estimate of the probable amounts to be paid has been included as a long-term provision on the balance sheet - see note 2.13.
An estimate of the probable amounts to be paid (EUR 216 million) has been included as a long-term provision on the balance sheet - see note E.2.13.
The ECSC in liquidation is exposed to debt securities price risk because of investments classified on the balance sheet as available for sale.
The Commission is not aware of the exact proposal by the ABA but maintaining contractual amounts without adjustments for impairment on the balance sheet is inappropriate.
Once that uncertainty is resolved, a provision can be calculated on a reliable basis and included on the balance sheet of both the Parliament and the Communities.
In accordance with the Communities' accounting rules, provisions recognised on the balance sheet need to be re-examined at least at each year-end and adjusted where necessary so as to reflect their current underlying situation.
An estimate of the probable amounts to be paid (EUR 61 million) has been included as a long-term provision on the balance sheet - see note E 2.13.
The large decrease from 2007 relates to two large actions for damages brought against the Commission where contingent liabilities were included on the balance sheet at 31 December 2007 and totalled EUR 2014 million.
In IAS 24, in paragraph 19, 'on the balance sheet' is amended to 'in the statement of financial position'.
In paragraph AG31, 'on the balance sheet' is amended to 'in the statement of financial position'.
defined benefit pension fund assets on the balance sheet of the institution;
Opinion on statistical reporting of assets and liabilities recorded on the balance sheet of non-banking financial institutions (CON/ 2007/24)
On 8 August 2007, at the request of Banca Naţională a României, the Governing Council adopted an Opinion on statistical reporting of assets and liabilities recorded on the balance sheet of non-banking financial institutions (CON/ 2007/24).
The Member States use what, in the private sphere, are resources not shown on the balance sheet; in other words, guarantees.
Where the fair values of financial assets and financial liabilities recorded on the balance sheet cannot be derived from active markets, they are determined using a variety of valuation techniques that include the use of mathematical models.
Where the fair values of financial assets and financial liabilities recorded on the balance sheet cannot be derived from active markets, they are determined using a variety of valuation techniques that include the use of mathematical models.

Alternatives:

included on the balance sheet
present on the balance sheet
reported on the balance sheet
reflected on the balance sheet
found on the balance sheet

This phrase is correct and commonly used in English to describe where something is located within the financial document.

"in the balance sheet"

Use 'in the balance sheet' when describing where something is located within the financial document.

Examples:

The total assets are in the balance sheet.
The figures in the balance sheet need to be accurate.
The information in the balance sheet is crucial for decision-making.

Show examples from the web [+]

However, some national accounting standards do permit these goods to be capitalised in the balance sheet.
An entity shall provide sufficient information to permit reconciliation to the line items presented in the balance sheet.
Interest income is presented in the balance sheet of the 9th EDF.
Financial guarantees are initially recognized at fair value in the balance sheet under item Other liabilities.
Payables are entered in the balance sheet at their nominal value.
The main building occupied by the Publications Office is not included in the balance sheet since it is classified as an operating lease.
Investment is not recorded in the balance sheet.
However, some national accounting standards do permit these goods to be capitalised in the balance sheet.
Sales of investment goods are not recorded in the balance sheet.
Transactions shall be recorded in the balance sheet at transaction price.
The corresponding amount is recognised as a decrease in the pre-financing carrying value in the balance sheet.
Some items have a tax base but are not recognised as assets and liabilities in the balance sheet.
Positive and negative translation differences transferred to reserves shall be shown separately in the balance sheet or in the notes on the accounts.
Where the amount of unexpired risks is significant, it shall be disclosed separately either in the balance sheet or in the notes on the accounts.
Member States may, however, require or permit such debt securities to be shown in the balance sheet at the amount repayable at maturity.
Paragraph 28(f)(i) applies only to amounts presented in the balance sheet at the comparative period's reporting date.
the other amounts recognised in the balance sheet.
Paragraph 28(f)(i) applies only to amounts presented in the balance sheet at the comparative period's reporting date.
The value entered in the balance sheet is an estimate of the cost.
Until the 2003 financial year, interest earned was presented in the balance sheet of the 7th EDF.

Alternatives:

within the balance sheet
inside the balance sheet
contained in the balance sheet
located in the balance sheet
present in the balance sheet

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on the balance sheet vs in the balance sheet