Close-to-balance (also referred to in German as Nahezuausgleich)

A close-to-balance financial statement, also called – misleadingly (mistakable) – negative balance. – After a transaction has been settled, there is no profit, but the expenses for the commitment are largely covered.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
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