Examlex
What federally funded program's mission is to promote world peace and friendship by assisting in training men and women to improve the quality of life for others in developing countries?
Contra-Liability
A liability account that is used to reduce the value of a related liability, not commonly used in accounting terminology.
Balance Sheet
A fiscal statement detailing a company's holdings, dues, and the portion owned by shareholders, recorded at a precise time.
Prepaid Rent
An asset account that represents rent payments made in advance of the period to which they relate.
Rent Payment
The amount paid periodically by a tenant to a landlord in exchange for the use of a property, room, or apartment.
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