What do parentheses mean on balance sheet?
Where do parentheses go in a sentence?
Parentheses (always used in pairs) allow a writer to provide additional information. The parenthetical material might be a single word, a fragment, or multiple complete sentences. Whatever the material inside the parentheses, it must not be grammatically integral to the surrounding sentence.
Can you have a whole sentence in parentheses?
Definition of Amounts in Parentheses A credit balance in an account that normally has a debit balance, or a debit balance in an account that normally has a credit balance. The meaning of a negative amount in a series of amounts, such as the bottom line of a comparative income statement that states “Net income (loss)”
Any time you see a number in parentheses, it means that’s a negative number, or outflow of money. If the net income figure is in parenthesis, the company recorded a net loss for the quarter. Income statements compare the most recent quarter to the same quarter a year earlier. Some businesses are cyclical.
What do parentheses mean?
Most of the time a bracket or parenthesis on a Balance Sheet means that that particular figure is a negative number. Depending on where in the Balance Sheet the bracket or parenthesis appear could tweak what this negative balance actually means. For instance: A negative amount. A bank account is overdrawn, etc.
