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Deficiency Account Meaning In Bengali
Deficiency Account শব্দের বাংলা অর্থ কি: অভাব অ্যাকাউন্ট
Deficiency Account
ঘাটতি হিসাব
Definition
1) A deficiency account is a financial record that shows a negative balance resulting from an excess of liabilities over assets.
2) In accounting, a deficiency account is created when a company's losses or expenses outweigh its revenues or income.
3) A deficiency account may also refer to a specific financial statement used to report losses or shortfalls in funds to stakeholders or investors.
Examples
Deficiency Account Example in a sentence
1) The deficiency account showed a significant loss for the company in the previous fiscal year.
2) The auditor discovered several discrepancies in the deficiency account during the financial review.
3) The deficiency account highlighted areas where the organization was experiencing financial challenges.
4) Due to the deficiency account, the management team had to implement cost-cutting measures.
5) The deficiency account revealed that the company's expenses were surpassing its revenue.
6) A thorough analysis of the deficiency account led to the identification of operational inefficiencies.
7) The deficiency account outlined the need for restructuring to improve the company's financial health.
8) The deficiency account served as a warning sign of potential bankruptcy if changes were not made.
9) The deficiency account report was shared with stakeholders to provide transparency about the company's financial status.
10) The board of directors reviewed the deficiency account to make informed decisions about the organization's future.
Synonyms
Deficiency Account - (SYNONYM) ঘাটতি হিসাব
Encyclopedia
A deficiency account is a financial record that shows a negative balance resulting from an excess of liabilities over assets.
In accounting, a deficiency account is created when a company's losses or expenses outweigh its revenues or income.
A deficiency account may also refer to a specific financial statement used to report losses or shortfalls in funds to stakeholders or investors.
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