Examlex
Once the total of a special column has been posted,what is written under the total of the column in the journal?
Capital Expenditure
Funds used by an organization to acquire or upgrade physical assets to improve its long-term capacity and efficiency.
Net Cash Inflow
The amount of cash that flows into a company subtracting the cash that flows out during a specific time period.
Compensating Balance
A minimum account balance that a borrower is required to maintain with a lender, often used to offset the cost of a loan.
Loan Agreement
A contract between a borrower and a lender outlining the terms and conditions of a loan.
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