Examlex
Reversing entries make possible the entering of the transactions of the succeeding accounting period in a routine manner.
Maturity Value
The total amount payable to an investor at the end of a debt security's life, including both the principal and any accrued interest.
Interest Rate
The percentage charged by a lender to a borrower for the use of assets, typically expressed as an annual percentage of the principal.
Uncollectible Account
A receivable owed to a company that is considered unlikley to be paid and is written off as a loss.
Other Receivable
Amounts owed to the company from parties other than customers, typically within a short time frame.
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