GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
---|---|---|---|---|---|---|
|
20:38 Jun 4, 2019 |
Spanish to English translations [PRO] Bus/Financial - Accounting | |||||||
---|---|---|---|---|---|---|---|
|
| ||||||
| Selected response from: Richard Cadena Mexico Local time: 16:28 | ||||||
Grading comment
|
retained earnings at the beginning of the year established Explanation: on the basis of changes in shareholders' equity. |
| ||
Notes to answerer
| |||
Login to enter a peer comment (or grade) |
retained earnings at beginning (of year) due to difference in shareholders' equity Explanation: Resultados acumulados - Retained earnings Comment: this is a standard term found on the balance sheet or statement of financial position, as well as in the notes to financial statements. References: Spanish-English Dictionary of Law and Business - 2nd Edition Thomas L. West III Diccionario de Terminología Contable y Financiera Especializada /Spanish-English & Inglés-Español, published by the Instituto Mexicano de Contadores Públicos, A.C. Prof. Richard J. Cadena Reference Spanish-English Dictionary of Law and Business - 2nd Edition Thomas L. West III This dictionary has the following term: Patrimonio neto - shareholders' equity Over thirty years of translating from Spanish to English almost exclusively for big 4 and 2nd tier public accounting firms Hope this helps Reference: http://aicpa.org Reference: http://imcp.org.mx |
| |
Grading comment
| ||
Login to enter a peer comment (or grade) |
opening retained earnings on difference in the (corp.) shareholders' (sole trade: owner's) equity Explanation: I had been tempted to agree with Richard C.'s suggestion, but then my inner book-keeping and accounting voice started niggling me.... Example sentence(s):
Reference: http://xplaind.com/970054/retained-earnings |
| ||
Notes to answerer
| |||
Login to enter a peer comment (or grade) |
by equating all the net incomes up to the beginning to the change in shareholders'equity Explanation: to equate...…...to the change-- = determinandose……...por diferencia-- beginning =beginning of the fiscal year- |
| ||
Notes to answerer
| |||
Login to enter a peer comment (or grade) |
Login or register (free and only takes a few minutes) to participate in this question.
You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.