Examlex
Allowance for Doubtful Accounts is a contra-asset account.
Capital Lease
A lease agreement that is considered a purchase of an asset for accounting purposes, because it transfers substantially all the risks and rewards of ownership.
Bargain Purchase Price
A price for an asset that is significantly below its fair market value.
CRA
Credit Risk Analysis, assessing the risk of default on a loan by evaluating the potential borrower's creditworthiness, or it could stand for Canada Revenue Agency, the federal agency responsible for tax laws for the Canadian government.
Operating Lease
A lease agreement allowing the use of an asset without ownership, typically with shorter terms than capital leases.
Q31: A 60-day note receivable dated July 13
Q90: Recording depreciation on plant assets affects the
Q93: If beginning inventory is understated by
Q114: On July 4, 2015, Wyoming Mining Company
Q132: The cost of goods available for sale
Q144: Only large companies need to be concerned
Q171: Rooney Company incurred $560,000 of research and
Q178: Previously issued financial statements with errors are
Q211: Natural resources include standing timber and underground
Q237: Bond interest paid by a corporation is