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Property Tax Expense
The cost incurred from taxes imposed on property owned by individuals or businesses based on the assessed value of the property.
Interest Due
The amount of interest that has been incurred on a loan or debt but has not yet been paid.
Adjusting Entries
Adjusting entries are journal entries made at the end of an accounting period to allocate income and expenditures to the period in which they actually occurred.
Loan Repay
Loan repayment is the act of paying back borrowed funds to the lender, typically in installments that include both principal and interest.
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