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Union commander William S.Rosecrans won a decisive victory at the Battle of Stone River in Tennessee.
Book Value
The net value of a company's assets as found on its balance sheet, and is calculated by subtracting liabilities from the value of assets.
Depreciable Asset
An asset that diminishes in value over time due to use, wear and tear, or obsolescence, which can be deducted over its useful life.
Market Value
The current price at which an asset or a service can be bought or sold in a marketplace.
General Journal
A primary bookkeeping ledger used by businesses to record all transactions in chronological order.
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