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Country foreign exchange reserves minus external debt. In international economics, the balance of payments (also known as balance of international payments and abbreviated BOP or BoP) of a country is the difference between all money flowing into the country in a particular period of time (e.g., a quarter or a year) and the outflow of money to the rest of the world.
Gross capital formation in % of gross domestic product in world economy. Gross fixed capital formation (GFCF) is a component of the expenditure on gross domestic product (GDP) that indicates how much of the new value added in an economy is invested rather than consumed.
A trial balance is an internal financial statement that lists the adjusted closing balances of all the general ledger accounts (both revenue and capital) contained in the ledger of a business as at a specific date.
The System of National Accounts (often abbreviated as SNA; formerly the United Nations System of National Accounts or UNSNA) is an international standard system of national accounts, the first international standard being published in 1953. [1]
The subledger, or subsidiary ledger, provides details behind entries in the general ledger used in accounting. The subledger shows detail for part of the accounting records such as property and equipment, prepaid expenses, etc.
Edy Mulyadi (born 8 January 1966) [2] is an Indonesian senior journalist currently active at Forum News Network (FNN), notable for criticizing Indonesia's planned new capital city, Nusantara by using inappropriate words in late January 2022.
The origin of "cash is king" is somewhat unclear. In George N. McLean's 1890 book How to do Business, or the Secret of Success in Retail Merchandizing, [1] one of the "Twelve Wise Business Maxims" is "Avoid credit, remembering that cash is king, credit is a slave".
A bank may have substantial sums in off-balance-sheet accounts, and the distinction between these accounts may not seem obvious. For example, when a bank has a customer who deposits $1 million in a regular bank deposit account, the bank has a $1 million liability.