A type of financial reporting account that increases the book value of a liability account and is a valuation account from which credit balances are added to yet another account.
Related information about adjunct account:
- adjunct account definition | AccountingCoach.com
An adjunct account is a valuation account that increases the book value or carrying value of a liability account.
- What is the difference between an adjunct account and a contra ...
Let's illustrate adjunct and contra accounts with bonds payable. If a corporation issues $100000 of its bonds payable for a price of 97, it will be issuing the.
- Adjunct Account Definition | Investopedia
An account in financial reporting that increases the book value of a liability account. An adjunct account is a valuation account from which credit balances are ...
- Adjunct Account: Definition from Answers.com
One that accumulates either additions or subtractions to another account. Thus the original account may retain its identity.
- Adjunct Account (Valuation Account) How It Works By Example ...
Sep 8, 2012 ... How a adjunct account (valuation account) is used (works same direction) demonstrated by (Premium to Bonds Payable), used as a balancing ...
- What is adjunct account? definition and meaning - InvestorWords.com
Definition of adjunct account: A type of financial reporting account that increases the book value of a liability account and is a valuation account from which credit ...
- What is adjunct account? - BusinessDictionary.com
Definition of adjunct account: The place where an increased face value of an asset is recorded. An asset that is recorded in this account is considered bonds ...
- ADJUNCT ACCOUNT DEFINITION
ADJUNCT ACCOUNT is an account that accumulates either additions or subtractions to another account. Thus the original account may retain its identity.