Examlex
What environment is characterized by high nutrient inputs and by relatively great fluctuations in salinity and temperature?
Bond Discount Account
An account that shows the difference between the face value and the lower selling price of a bond, which is amortized over the life of the bond.
Balance Sheet
A financial statement that provides a snapshot of a company's financial condition at a specific point in time, detailing assets, liabilities, and equity.
Deduction
A deduction is an expense that can be subtracted from gross income in order to reduce the amount of income that is subject to tax.
Premium On Bonds Payable
The amount by which the bond's selling price exceeds its face value, reflecting additional cost to the issuer but higher interest income for the investor.
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