Examlex
The removal of vegetation always makes soil-covered slopes more stable because it removes excess weight.
Prepaid Property Tax
An expense paid in advance for property taxes, recognized as an asset until the period the tax covers.
Property Tax Payable
A liability account on the balance sheet representing the amount of property taxes a company owes but has not yet paid to the taxing authorities.
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.
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