Examlex
All or part of harmful subsidies on coal have been eliminated by
Classified Balance Sheet
A detailed financial statement that separates assets and liabilities into current and long-term categories, providing a clearer picture of a company's financial position.
Effective Interest Rate
The realized return on a bond or loan, taking into account the effect of compounding interest as opposed to the nominal rate.
Amortization
The process of spreading out a loan or intangible asset cost over its useful life, thereby reducing it on the balance sheet over time.
Journal Entry
A recording of a transaction or adjustment in the accounting ledger that includes the accounts and amounts to be debited and credited.
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