Examlex
A PXE boot requires an optical disc to be installed to boot and start the imaging process.
Bank Loan Payable
A liability representing the amount of borrowed funds from a bank that the borrower is legally required to repay in the future.
Interest Expense
The cost incurred by an entity for borrowed funds; it is the price paid for the use of borrowed money or money earned from deposited funds.
Interest Payable
Refers to the amount of interest that has been incurred on borrowed funds but has not yet been paid out to the lender as of the reporting date.
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