Examlex
During the second phase of prenatal development most of the vital organs and body systems begin to form in the developing fetus.
Journal Entry
A recording of a transaction in an accounting journal that notes the debits and credits affecting the accounts involved.
GASB Statement No. 87
A statement issued by the Governmental Accounting Standards Board establishing guidelines for reporting lease transactions in governmental financial statements.
Financing Leases
Long-term lease agreements where the lessee assumes many of the economic risks and rewards of ownership.
Lease Liability
A financial obligation representing future lease payments owed by a lessee under a lease agreement.
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