Glossary

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maturity

Subject: 

  • Accounting

date on which the loan/principal has to be repaid

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final adjustments
Subject:
Accounting

(also called year-end adjustments) adjustments the business makes to accounting entries at the...

gearing
Subject:
Accounting

ratio comparing some form of owner's equity (or capital) to borrowed funds.

gross salary
Subject:
Accounting

basic salary paid by an employer before deductions.

Creditors Payment
Subject:
Accounting

schedule drawn up to determine expected amounts due to creditors for goods bought on credit....

discount
Subject:
Accounting

deduction from the usual cost