Examlex
The due date of a 60-day note dated July 12 is:
Earnings
The amount of profit that a company produces during a specific period, which is calculated as revenues minus expenses.
Advance Premium
An advance premium refers to payments made by policyholders to insurers, covering future periods of insurance coverage.
Workers' Compensation
Insurance offering medical benefits and compensation for lost wages to employees who get injured while working.
General Journal
A primary accounting record used to record all financial transactions in chronological order.
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