Examlex
System documentation that includes the outcome of such structured diagramming techniques as data-flow and entity-relationship diagrams best defines:
Valuation Account
An account used to adjust the carrying value of an asset or liability, such as an allowance for doubtful accounts or accumulated depreciation.
Interest Expense
This refers to the cost incurred by an entity for borrowed funds over a specific period of time.
Accrued Interest
Interest that has been earned but not yet received or recorded.
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