balancing allowance |
|
Definition
Amount deducted from or added to the pre-tax profit, depending on whether the actual depreciation on fixed assets exceeds or falls below the capital allowance availed. Also called balancing change.
email to a friend
print this definition
cite this definition
link to this page
balancing allowance is in the Accounting & Auditing and Corporate, Commercial, & General Law subjects.
balancing allowance appears in the definition of the following term: balancing change
This content can be found on the following page:
http://www.businessdictionary.com/definition/balancing-allowance.html







