Examlex
IFRS requires companies to reconcile the carrying value of property, plant and equipment at the beginning of the period with the carrying value at the end of the period.
Checks
Written, dated, and signed instruments that direct a bank to pay a specific sum of money to the bearer or a designated recipient.
Clear
To complete a transaction successfully, particularly in financial contexts where payments or securities are settled.
Average Amount
A measure obtained by dividing the sum of a set of values by the number of values in the set, often used in financial analysis.
Average Daily Receipts
Represents the average amount of gross income or revenue that a business receives on a daily basis, typically calculated over a set period.
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