The short form of the accounting equation that consists of the three basic accounting elements: assets, liabilities, and equity (capital)....

The amount by which the total interest cost associated with a bond issue is lower than the total interest payment....

The amount by which the total interest cost associated with a bond issue exceeds the total interest payment. For example,...

It stands for business model; the way whereby an entity manages a group of assets for the purpose of collecting...

The way whereby an entity manages a group of assets for the purpose of collecting cash flows. A set of...

Broadly speaking, it is the final total of an account or a financial statement (specifically the statement of financial position...

Profit or loss pertaining to a specific accounting period before deducting tax expense. In other words, it refers to profit...

The amount assigned to an asset (asset account) that is subject to depreciation since its acquirement and over the course...

It stands for book value; broadly speaking, it refers to the historical cost of an entity's assets (total assets) minus...

Broadly speaking, it refers to the historical cost of an entity's assets (total assets) minus its liabilities (total liabilities) (hence...