Kapitalgegenkonto
English translation: counter account
| GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||
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| 11:03 Jul 21, 2001 |
| German to English translations [PRO] Bus/Financial - Accounting | |||||||
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|  Selected response from: Marcus Malabad Canada | ||||||
Grading comment
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| Summary of answers provided | ||||
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| na | counter account |
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| na | balancing account |
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Answers
11 mins
counter account Explanation: This is an account that records losses. See links for examples. Reference: http://www.nationalbank.kz/eng/BankSystem/FinStatus/ Reference: http://www.winterpartners.ch/ribs4portfolio.html |
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36 mins
balancing account Explanation: Actually I think it should be longer than that. "... an account for losses, that is balanced against the capital account..." I have not been able to fiund a single term translation in any of my smart books, including Zahn. HTH |
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