N.Y. Comp. Codes R. & Regs. tit. 10 § 451.123

Current through Register Vol. 46, No. 51, December 18, 2024

Section 451.123 - Fund balance

The excess of assets over liabilities (net equity) An excess of liabilities over assets is known as a deficit in fund balance.

N.Y. Comp. Codes R. & Regs. Tit. 10 § 451.123