Examlex
Which type of accountant typically practices as an individual or as a member of a public accounting firm?
Discount on Bonds Payable
The difference between the face value of a bond and its selling price, when sold for less than its face value.
Amortization
The process of spreading out a loan or intangible asset cost over a specific period of time for accounting and taxation purposes.
Generally Accepted Accounting Principles
A collection of commonly-followed accounting rules and standards for financial reporting.
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