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170 months ago

Clive Prestt (a guest user) asked this question:

Language pair:

Italian > English

Subject:

Business / Marketing / Financial

Level of diffculty:

Difficult / demanding

Word or term in question:

rigiro a conto economico

Context:

Accounting of a bank

Keywords:

Accounting term to do with comprehensive income statement

 

 

The answer of   See profile was rated best

transfer/reversal to the income statement/profit and loss account

My comment:

Conto economico is called profit and loss statement (i.e. P&L) in British English and income statement in American English, so choose what suits your text best based on your target reader.

Rigiro is a transfer or reversal. It means that (part of) an item in the balance sheet is transfered/reversed into the P&L.