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An increase in yield to maturity would be associated with an increase in the price of a bond.
Since the interest rates on a bond are fixed, an increase in yields available on similar bonds means that this bond is less desirable, and would lower its price.
Adjusting Entries
Journal entries made at the end of an accounting period to update account balances before the preparation of financial statements.
Unbilled Consulting Revenue
Unbilled consulting revenue refers to earnings from consulting services that have been delivered but not yet invoiced to the client.
Depreciation
The process of methodically dividing the expense of a physical asset over its estimated useful life.
Prepaid Services
Expenses paid in advance for services which will be received in the future.
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