Examlex
Choose the preferred element to use when displaying text in italic font style when there is no special emphasis on the words in the text.
Encumbrances Outstanding
Liens or claims against property or assets that are unresolved or have not been paid off, affecting an owner's ability to transfer a clear title.
Modified Accrual Basis
An accounting method that combines elements of the accrual basis and cash basis accounting, recognizing revenues when they are available and measurable, and expenses when incurred.
Purchase Orders
Official documents issued by a buyer committing to pay the seller for the supply of specific products or services at agreed prices and terms.
Expenditures
Funds spent by a business in the pursuit of profit and other business activities, including operating and capital expenses.
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