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Journal Entry
A record in accounting that denotes a business transaction, including information on the accounts affected and whether they are debited or credited.
Footnotes
Additional information provided at the bottom of financial statements to provide more detail or clarify the data presented in the statements themselves.
Lessor Maintains Control
A leasing arrangement where the lessor retains substantial control or rights in the leased asset during and after the lease term.
Lease Term
The duration of time for which a lease agreement is effective, specifying the rights and obligations of the lessor and lessee.
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