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Thread: In vs On

  1. #1
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    Default In vs On

    I've read some annual reports and sometimes I'm confused with the usage of 'in' vs 'on'. Read this;

    1) The assets should be reflected in the company's balance sheet.

    or

    2) The assets should be reflected on the company's balance sheet.

    What about 'on the face of the balance sheet' or 'in the face of the balance sheet'?

    Thanks


  2. #2
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    Default Re: In vs On

    Quote Originally Posted by nephele
    I've read some annual reports and sometimes I'm confused with the usage of 'in' vs 'on'. Read this;

    1) The assets should be reflected in the company's balance sheet.

    or

    2) The assets should be reflected on the company's balance sheet.

    What about 'on the face of the balance sheet' or 'in the face of the balance sheet'?

    Thanks

    Both in and on are fine. There is just a slightly different connotation between those two.

    1) The assets should be reflected in the company's balance sheet.

    It means the assests should be a part of the balance sheet, they should be included in that sheet.

    2) The assets should be reflected on the company's balance sheet.

    The part that deals with the assets should be clear-cut and viewable.

    What about 'on the face of the balance sheet' or 'in the face of the balance sheet'?

    on is right.

  3. #3
    Mister Micawber's Avatar
    Mister Micawber is offline Key Member
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    Default Re: In vs On

    .
    I'm not sure of the intent of your last question, Nephale, but I wouldn't use the phrase 'in/on the face of' here at all-- just 'in/on the balance sheet'.

    .

  4. #4
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    Default Re: In vs On

    Quote Originally Posted by Mister Micawber
    .
    I'm not sure of the intent of your last question, Nephale, but I wouldn't use the phrase 'in/on the face of' here at all-- just 'in/on the balance sheet'.

    .

    A business balance sheet does have a part that states the face amounts at the very beginning of the balance sheet. These are current assets, current liabilities, equity, minority interests ...or anything else that pertains to the person that the balance sheet is made for.

    http://www.law.uc.edu/CCL/regS-X/SX5-02.html

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