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"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

on the balance sheet

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

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.

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

in the balance sheet

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

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.

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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