Dear all, would you take a look at the following sentences? They are explaining items of a balance sheet; translation is mine.
I would appreciate if you pointed out where my wording is inappropriate. Any suggestions are more than welcome.
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Next, we will report on the balance sheet and the profit and loss statement. Please take a look at the page eight to ten of the hand-out.
Let us start with the balance sheet. Our total assets amounted to $100 million. On a year-to-year comparison, this is a decline of $10 million. The main factors for this decline are as follows:
As to the capital, it amounted to $35 million. This figure is $1.5 million less than that of the last term.
As a result, our equity ratio is now 30.0 percent.
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I was never interested in accounting until today, and I need your advice. I appreciate any comment!
Many thanks.
I would appreciate if you pointed out where my wording is inappropriate. Any suggestions are more than welcome.
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Next, we will report on the balance sheet and the profit and loss statement. Please take a look at the page eight to ten of the hand-out.
Let us start with the balance sheet. Our total assets amounted to $100 million. On a year-to-year comparison, this is a decline of $10 million. The main factors for this decline are as follows:
- The decrease in cash and deposit
- The decrease in accounts receivable
- The increase in inventory assets, to name the major factors.
- The increase in loans
- The decrease in accounts payable
As to the capital, it amounted to $35 million. This figure is $1.5 million less than that of the last term.
As a result, our equity ratio is now 30.0 percent.
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I was never interested in accounting until today, and I need your advice. I appreciate any comment!
Many thanks.
.
Next, we will report on the Balance Sheet and the Profit and Loss Statement. Please take a look at pages eight through ten of the handout.
Let us start with the Balance Sheet. At 31 March 2009, our total assets amounted to $100 million. This is a decline of $10 million from 31 March 2008. The main factors for this decline are as follows:
Capital amounted to $35 million, $1.5 million less than that of last year.
As a result, our Equity Ratio is now 30.0 percent.
.
Next, we will report on the Balance Sheet and the Profit and Loss Statement. Please take a look at pages eight through ten of the handout.
Let us start with the Balance Sheet. At 31 March 2009, our total assets amounted to $100 million. This is a decline of $10 million from 31 March 2008. The main factors for this decline are as follows:
- The decrease in Cash and Deposits
- The decrease in Accounts Receivable
- The increase in Inventory.
- The increase in Loans (Payable)
- The decrease in Accounts Payable
Capital amounted to $35 million, $1.5 million less than that of last year.
As a result, our Equity Ratio is now 30.0 percent.
.
Comments
While comparing my version with your corrections, I noticed that I use too many extra words and expressions. It's partially because I try to make my translation closer to the original. I try to add more nuances.
I really don't know exactly how to avoid this... I guess I need more help of you
Thank you again, have a great Wednesday,