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____________________ seeks to approach changes systematically and provide the necessary documentation of the changes.
Tax Rate
The percentage at which an individual or corporation is taxed.
Bonds Payable
Long-term debt securities issued by a corporation or government entity, which must be repaid to investors at a specified maturity date.
Amortized Bond Discount
The gradual reduction of the discount on a bond over its life, moving towards its par value, usually done in equal amounts over the accounting periods.
Straight-Line Method
A method of allocating an asset's cost evenly throughout its useful life.
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