11:53 Jul 1, 2015
It's less in the sense of "after deducting", rather than a smaller amount. I didn't see the context you gave in the heading earlier, so I would suggest "Less liabilities (or debt) of x, equity of y is (to be) transferred." (Not carried forward, I was thinking of something else then.) I'm assuming the previous sentence was something about assets, so essentially it's just a sum: assets minus liabilities equals equity. If this doesn't fit you'll have to give more of the surrounding text. |