Exact(2)
Mr. DeMarino also emptied surplus accounts, overestimated revenues and failed to budget enough money for a costly labor deal and pending tax appeals, Mr. McGreevey says.
Other analysts said LIPA would have to borrow to cover the unpaid costs or perhaps dip into surplus accounts that some critics said it had collected with a secret surcharge.
Similar(58)
The surge in taxes paid by the wealthy has been the biggest single source of the surplus, accounting for roughly $72 billion of the $421 billion swing over eight years.
US Airways, a prime example, carries an accumulated deficit in its earned surplus account of $2.3 billion.
Its earned surplus account on the balance sheet is a negative number.
The energy surplus, accounting for about 20% of the total generated energy, is transferred to the unified energy system of Russia, as well as exported to Norway and Finland via the NORDEL system.
For simplicity, let us log all profit and loss as credit or debit in the Surplus account.
To maintain the desired conservation effect the preservative needs to be added in apparent surplus to account for this inactivation.
A current account surplus (and corresponding financial account deficit) indicates an increase in external wealth while a deficit indicates a decrease.
The two most important at this moment are the Chinese current account surplus and the American current account deficit.
Double-entry bookkeeping ensures that this current account deficit is offset by a capital account surplus.
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