Examlex
Which of the following products would probably use a job order costing system?
Amortized
The gradual reduction of a debt over a period of time through regular payments that cover both interest and principal.
Bonds Payable
Long-term debt instruments issued by corporations or governments to raise capital, with an obligation to pay interest and repay principal at a specified date.
Unamortized Premium
The portion of a bond premium that has not yet been amortized or gradually written off over the life of the bond.
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