Examlex
The "treatment" is also referred to as which of the following?
Journal Entry
A notation in financial records that captures the debit and credit movements across accounts resulting from business transactions.
Fair Value
An estimate of the market value of an asset or liability, based on the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants.
Valuing Assets
The process of determining the present worth of an asset or company.
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