VALUATION ACCOUNT (ALLOWANCE OR RESERVE) -An account that partly or wholly offsets one or more other accounts; for example, accumulated depreciation is a valuation account related to specific depreciable assets and allowance for bad debts is a valuation account related to accounts receivable.
An account that is used for other accounts to offset the second account.
The one account was forbidden to be used to help the other.
You're flat broke, and can't pay more taxes.
the couple is playing twister
A graying man in a long sleeve shirt just clocked out for lunch.
Tuppence did not shake her head
Adjustments are not made for those diffrences.
The case continued throughout the course.