Examlex
Two major differences between a warrant and a call option are:
I. Warrant are contracts outside of the firm while options are within the firm. II) Warrants have long maturities while options are usually short maturities.
III. Warrant exercise dilutes the value of equity while option exercise does not.
Legal Representation
Professional legal services provided by an attorney or law firm to advise or represent a client in legal matters.
Adjusted Trial Balance
A statement listing all accounts and their balances after adjustments, used to verify the equality of debits and credits.
Unadjusted Trial Balance
A report that lists the balances of all accounts, both debits and credits, in a company's general ledger prior to any adjustments being made.
Depreciation Expense
An accounting method for allocating the cost of a tangible asset over its useful life to reflect the asset’s consumption, wear and tear, or obsolescence.
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