meaning of balance sheet code

balance sheet code meaning in Law Dictionary

The section of a balance sheet that shows balances in a fund. It really is about possessions and debts. A balance needs to be reached if the account is shut. This creates a uniform tracking. The signal is alphanumeric and is generally four digits.

balance sheet code meaning in Business Dictionary

A part of the total amount sheet account which suggests balances within a certain fund. The balance sheet signal pertains to assets and debts, each of which must balance against both when the account is reconciled. Making use of codes enables a business to record bookkeeping transactions precisely by creating a uniform monitoring method. The rule is alphanumeric and sometimes four digits in length.