Examlex
Job rotation tends to increase productivity and decrease supervisory workload.
Reversing Entry
An accounting entry that is made at the beginning of an accounting period to reverse or cancel out a journal entry made at the end of the previous accounting period.
Interest Accrued
Interest that has been incurred but not yet paid, representing a liability on the balance sheet until it is paid.
Accrued Interest
The interest that has accumulated on a bond or loan but has not yet been paid out to the lender or bondholder.
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