traditional balance sheet
Definition
Balance sheet that considers only the physical (tangible or visible) assets but does not assign any worth to intangible assets such as goodwill (unless paid for in acquiring a firm), intellectual assets, and intellectual capital. In effect, it is like a quantity surveyor's estimate of the value of a property as reflected in the quantity and quality of the building materials used. See also non traditional balance sheet.
traditional balance sheet is in the Accounting & Auditing and Banking, Commerce & Finance subjects.
traditional balance sheet appears in the definition of the following term: non-traditional balance sheet
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