Examlex
Fraternal twins:
Insurance Expired
The portion of an insurance premium that has been allocated to the expired portion of the insurance term.
Depreciation
An accounting method of allocating the cost of a tangible asset over its useful life.
Salaries Accrued
Wages that have been earned by employees but have not yet been paid by the company.
End-of-period Spreadsheet
A tool used for accounting that summarizes all accounts and balances at the end of a period to prepare financial statements.
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