Examlex
Which of the following is not a balance sheet item?
Retirement Income
The total income a person receives after retiring from work, which can come from pensions, savings, investments, and social security benefits.
Compounded Semi-Annually
Interest added to the principal of a deposit or loan every six months, affecting total interest earned or paid.
Periodic Interest Rate
The interest rate applied to a loan or savings account over a specific period of time, often monthly or annually.
Payment Interval
Payment interval is the frequency at which recurring payments are made, such as monthly, quarterly, or annually for loans, rents, or subscriptions.
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