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Smith borrows $10 000 on a one- year loan payable that charges interest at 12% per year. He will repay the principal and interest at the end of the one- year period. Smith makes accrual adjustments and each month, he records interest expense of $1 200.
Primitive
Basic data types provided by a programming language as building blocks for more complex data types.
Executable Statements
Instructions in a program that perform actions, such as assigning values, calling functions, or looping through data.
Assignment
Assignment in programming is the act of setting a value to a variable or an object attribute.
Arithmetic
The branch of mathematics dealing with numbers and operations such as addition, subtraction, multiplication, and division.
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