Examlex
Solve the system by substitution.
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Valuation Allowance
A reserve created against deferred tax assets that may not be realized, reflecting a reduction in the assets' carrying value on the balance sheet.
Adjustment
An entry made in the accounts to correct an error or account for a transaction not recorded in the regular accounting period.
Available-for-sale Securities
Financial assets that are bought with the intention of selling before their maturity date, but not classified as held-for-trading or held-to-maturity investments.
Stockholders' Equity
It represents the ownership interest of shareholders in the assets of a company, after deducting liabilities.
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