Examlex
Founders are least likely to be described as a(n)
Unearned Interest
Interest that has been collected on a loan by a lender but not yet earned, usually because the loan has not reached its maturity.
Lessor's Financial Statements
Financial documents provided by the owner (lessor) reflecting the financial health and performance of assets leased out.
Contra-Asset
A contra-asset account is a negative asset account that offsets the balance on the asset account with which it is paired.
Liability
Liability represents an entity's financial debt or obligations that arise during the course of operations, expected to be paid or settled in the future.
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