Sentences with VALUATION-ACCOUNT
Check out our example sentences below to help you understand the context.Sentences
1
"The valuation account method is widely used in accounting to allocate the cost of an asset over its useful life."
2
"The company recorded a valuation account adjustment to reflect the decrease in the value of its inventory."
3
"The auditors found an error in the valuation account calculation, resulting in a restatement of the financial statements."
4
"The valuation account balance should be reviewed regularly to ensure it accurately reflects the value of the asset."
5
"The company's decision to write down the asset led to a corresponding reduction in the valuation account."
6
"During the annual audit, the valuation account entries were thoroughly examined for any potential misstatements."
7
"The increase in the valuation account signifies a rise in the asset's estimated market value."
8
"The depreciation expense is calculated based on the cost of the asset and its associated valuation account."
9
"The valuation account entry in the general ledger needs to be adjusted to account for the impairment of the asset."
10
"The company recognized a gain on the disposal of an asset, which was credited to the valuation account."
1
"The company debited the valuation account for the decrease in value of the asset."
2
"The valuation account is used to track changes in the value of investments."
3
"A valuation account is created to record the fair value of an asset."
4
"The valuation account is adjusted annually based on market conditions."
5
"The valuation account is credited when the value of an asset increases."
6
"The valuation account is debited when the value of an asset decreases."
7
"Changes in the valuation account affect the company's financial statements."
8
"The valuation account helps to determine the net worth of the company."
9
"The valuation account is a key component in calculating the company's book value."
10
"The auditors review the valuation accounts to ensure accuracy."
11
"The valuation account reflects the market value of the company's assets."
12
"Investors analyze the changes in the valuation account to assess performance."
13
"The valuation account is used to record unrealized gains or losses."
14
"The valuation account is adjusted for changes in exchange rates."
15
"The valuation account is classified as a contra account."
16
"A decrease in the valuation account indicates a decline in asset value."
17
"The valuation account is reported on the balance sheet."
18
"The valuation account is part of the accounting equation."
19
"The valuation account is reconciled with market values regularly."
20
"The valuation account provides transparency in financial reporting."
1
"The company recorded a loss of $10,000 in their valuation account."
2
"Investors use the valuation account to track the market value of their holdings."
3
"The valuation account reflects the fair value of the company's assets and liabilities."
4
"The auditor reviewed the valuation account to ensure accuracy in financial statements."
5
"Adequate documentation is necessary to support any adjustments made to the valuation account."
6
"The valuation account balance increased due to a revaluation of inventory."
7
"The company's valuation account recorded a significant gain during the year."
8
"Management made adjustments to the valuation account based on market conditions."
9
"The valuation account provides insight into the company's overall financial health."
10
"Investors rely on the valuation account to determine intrinsic value."
