Examlex
When communicating with one's children,Thomas Gordon suggests that parents use
General Journal Entry
A record in the general journal that includes all the financial transactions of a company, showing accounts affected, amounts, and whether those amounts are debits or credits.
Amortizing
The process of gradually paying off a debt over time through regular payments.
Straight-Line Method
A method of calculating depreciation by evenly distributing the cost of an asset over its useful life.
Semiannual Interest
An interest payment made twice per year on investment vehicles such as bonds, which represents a portion of the annual interest rate.
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