Examlex
In a client/server environment,a DBMS is located on a dedicated computer called a web server.
Adjusting Entry
An accounting entry made at the end of a period to allocate income and expenditure to the correct accounting period.
Net Realizable Value
The estimated selling price of goods minus the cost of their sale or disposal, reflecting the net cash inflow that would be received if the goods were sold.
Bad Debt Expense
An expense reported on the income statement, representing the estimated amount of receivables that will not be collected.
Maturity Value
The amount that will be paid to the holder of a financial instrument at its maturity date, including both the principal and any accrued interest.
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