Examlex
The following are examples of attributes: the width of a cracked weld, the length of time that a relay works; the amount of water in a radiator; the diameter of a tire.
Subsidiary Ledger
A detailed ledger that contains all the transaction details of a specific account, which then summarizes into the general ledger.
Long-term Liability
Financial obligations that are due after a period of more than one year, such as bonds payable or long-term loans.
Cost Method
An accounting method used to value inventory or investments, where the cost of the goods or the investment purchase price is the basis for the value on the balance sheet.
Long-term Investments
Generally, (1) investments in stocks and bonds of other companies that companies normally hold for many years, and (2) long-term assets, such as land and buildings, not currently being used in operations.
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