Examlex
"The Golden Age of Greece was a direct consequence of the results of the Persian War." Discuss, pro and con.
Interest Expense
The cost incurred by an entity for borrowed funds, often expressed as an annual percentage of the principal.
Interest Payable
The amount of interest expense that has accrued but has not yet been paid by the company.
Accounts Payable
An accounting entry representing an entity's obligation to pay off a short-term debt to its creditors or suppliers.
Notes Payable
A liability on a balance sheet representing promissory notes that a company must pay in the future.
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