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Active immunization of a population will raise the general level of herd immunity.
Note Payable
A written promise to pay a specified amount of money, usually with interest, at a future date.
Accrued Interest
Accrued Interest is the interest that has accumulated on a debt or investment over a specific period but has not yet been paid.
Journal Entry
A record in accounting that logs every financial transaction of a business in double-entry bookkeeping.
Interest Expense
Interest expense is the cost incurred by an entity for borrowed funds, typically presented as a line item on the income statement.
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