N.Y. Comp. Codes R. & Regs. tit. 16, § 197.32 – Surplus accounts, purpose of.

(a) the operations and other transactions during the period reflected in the income accounts,
(b) appropriations or other reservations of surplus for specific purposes;
(c) accounting adjustments not properly attributable to the period (see also § 197.6, subd. [b]); and
(d) miscellaneous losses and gains not provided for elsewhere.

The Surplus account is the collective title for a small group of accounts which form the connecting link between the income account and the balance sheet. The several accounts thereof (501 to 514) are designed to show the changes in the surplus or deficit during each fiscal year resulting from: