BALANCING Definition

Bookmark and Share

BALANCING is, in general, getting two things to correspond. In accounting, it is have two totals matching, e.g. balancing within the balance sheet.

Learn new Accounting Terms

OVER-APPLIED FACTORY OVERHEAD is the amount of factory overhead applied in excess of the actual factory overhead incurred for a production period.

COC see COST OF CONTROL.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.