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Foreign Languages / Spanish Vocabulary / Business / Accounting

Accounting

Watch out: balance general is the standard Latin American term for what accountants in other Spanish-speaking regions sometimes call balance de situación. Both refer to the same document, but balance general is the form you will see in Mexican, Colombian, and Argentine financial reports.

Did you know that trimestre describes the duration of three months directly, rather than implying one-fourth of something the way quarter does in English? Trimestre always means exactly three months.

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