Examlex
Clients who have severe psychological disorders such as schizophrenia are more likely to work with a psychologist than psychiatrist.
Journal Entry
The record of a financial transaction in an accounting journal, showing the accounts and amounts debited and credited.
Adjusting Entries
Entries necessary at the end of the accounting period to measure all revenues and expenses of that period and update assets and liabilities.
Effective-Interest Method
A technique used in accounting to amortize the discount or premium on bonds payable over the life of the bonds more accurately than the straight-line method.
Bonds
Bonds are fixed-income securities that represent a loan made by an investor to a borrower, typically corporate or governmental, which pays periodic interest payments and the return of the principal at maturity.
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