Fold, startup cash

Question

Hi,1) 'to bring sheep into a sheep pen' or 'to bring sheep into the fold'Do they both mean the same thing and are they both commonly used?2) When you're setting up a balance sheet, some of the items that show up on it will have 'startup cash' (amount of money you have at the beginning of the accounting period). Is it really called 'startup cash'?3) When you have too much information in your head because you've been studying for two tests, can you say that the 'information overlaps' in your head? I'd probably use 'get mixed up' but I'm curious about the use of 'overlap'.Thank you.

GPY · Accepted Answer

1. I would say that "bring into the fold" is almost always used figuratively. I think many English speakers might be uncertain what "fold" literally means in this expression.

2. "startup cash" sounds to me as if it means an amount of money available to begin a business venture.

3. I guess it is possible to use "overlaps", but it would not be the most usual way to express this idea. "get (the information) mixed up" would be more common.

CalifJim · Answer

Ann2251) 'to bring sheep into a sheep pen' or 'to bring sheep into the fold' Do they both mean the same thing and are they both commonly used?

They're different unless 'fold' is taken literally, and they are not used much.

Ann2252) When you're setting up a balance sheet, some of the items that show up on it will have 'startup cash' (amount of money you have at the beginning of the accounting period). Is it really called 'startup cash'?

If you are working for a company whose accounting system is already established, use the account name already in use by that company.

If you are working with a brand new company and it is your job to set up the accounts, you can name any account anything you want, though you would almost certainly follow common practices in the field of accounting.

I don't have a clear idea of what you're asking regarding startup cash on a balance sheet. I've never seen such an item on a balance sheet. Generally speaking, "Cash" is the name of the cash account, and it appears that way on the balance sheet. If there is a "Start-up Cash" account, then it is for a specialized reason or use, and not likely the amount of money you have at the beginning of an accounting period. The cash you have at the beginning of an accounting period is simply the balance of the Cash account as shown on the balance sheet.

[Maybe you need to join a forum on accounting! ]

Ann2253) When you have too much information in your head because you've been studying for two tests, can you say that the 'information overlaps' in your head? I'd probably use 'get mixed up' but I'm curious about the use of 'overlap'.

'overlap' is not the word you want. 'tangled' is the closest I can think of. 'get mixed up' is good.

I'm confusing the facts from my economics course with the facts from my mathematics course.
I've been studying for two tests, and now my thoughts are (all) [in a tangle / tangled up].
Everything from my courses is [a jumble / jumbled up] in my mind.

CJ

Fold, startup cash

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