Examlex
One ton of sand is needed for each _____ bags of masonry cement.
Effective-Interest Method
An accounting practice used to allocate loan or bond interest expense over the life of the loan/bond based on the loan's/bond's yielding interest rate.
Bond Premium Amortization
The gradual reduction over time of the amount by which a bond's purchase price exceeds its face value.
Carrying Value
Another term for book value; it's the value at which an asset is recognized on the balance sheet.
Straight-Line Method
A method of calculating depreciation of an asset where the asset's cost is reduced equally over its useful life.
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