Topical Terminology  

       

Topical Terminology > Valuation Allowance



2 Definitions

Valuation Allowance

For Valuation Allowance we have terms and definitions in 2 topics. The topics are Accounting and Accounting Terms.



Valuation Allowance (Accounting)

Method of lowering or raising an object's CURRENT VALUE by adjusting its acquisition cost to reflect its market value by use of a CONTRA ACCOUNT.


Valuation Allowance (Accounting Terms)

Method of lowering or raising an object's CURRENT VALUE by adjusting its acquisition cost to reflect its market value by use of a CONTRA ACCOUNT.




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