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During the 1928 excavations at Anyang, fragmentary records and a large number of goods were discovered which provided information regarding their rulers. Included among the discoveries were pounded earthen walls that provided protection for the city. Which of the following was also learned as a consequence of this excavation and discovery?
Accrued Interest
Interest that has been incurred but not yet paid, representing the amount of interest that accrues on a loan or bond between payment periods.
Securities Available For Sale
Financial assets that a company holds with the intention of selling them in the short to medium term for profit.
Journalize
The process of recording business transactions in the general journal by making entries that describe the transaction, amounts involved, and accounts affected.
Notional Amount
The theoretical value used to calculate payments made in a financial derivative transaction, which might not involve any physical exchange of funds.
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