N.Y. Comp. Codes R. & Regs. tit. 10 § 451.261

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

Section 451.261 - Valuation account (or reserve)

An account which relates to and partly or wholly offsets one or more other accounts; as, accumulated depreciation or allowance for bad debts; unamortized debt discount.

N.Y. Comp. Codes R. & Regs. Tit. 10 § 451.261