Examlex
Calculate the missing amount in each category of the accounting equation.
Principal Plus
A term indicating the original amount of investment or loan plus any accrued interest or profits.
Accrued Interest
Income from interest that has been accrued but neither received nor documented in the financial records.
Paying
The process of distributing money in exchange for goods, services, or to settle debts.
Adjusting Entry
Journal entries made in accounting records at the end of an accounting period to allocate income and expenditures to the correct periods.
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