Investment
The allocation of money into assets, projects, or ventures with the expectation of generating income or value over time. Investments can include stocks, real estate, equipment, or business expansions. They are recorded on the balance sheet and may produce returns through income, interest, or capital gains.
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Installment
Installment is a partial payment made on a schedule toward settling a larger debt or purchase. Installments break down the…
Interim Financial Statement
Financial reports prepared for a period shorter than a full fiscal year typically quarterly or monthly. They provide stakeholders with…
Internal Control
Policies and procedures designed to safeguard assets, ensure accurate financial reporting, and promote compliance with laws. Internal controls reduce the…
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