Examlex
One distinguishing characteristic of the archaebacteria is that they live in extreme environments.
Market Rate
The prevailing interest rate available in the marketplace for securities or loans.
Journal Entry
A record in the accounting ledger that represents a transaction, including both the debit and credit side to maintain the accounting equation.
Bonds Payable
Bonds payable refers to the amount of money a company owes to bondholders and is recorded as a long-term liability on the company's balance sheet.
Straight-Line Method
An approach to depreciation that divides the cost of an asset evenly over its expected lifespan, resulting in the same depreciation expense annually.
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