average-cost method
a way of arriving at the cost of inventory that computes the average cost of all goods available for sale during a fixed period in order to determine the value of inventory.
back rent
rent due but not yet paid.
calendar year
from 1 January to 31 December.
date of auditors’/accountants’ report
refers to the last day the auditors perform fieldwork and the last day of responsibility relating to significant events subsequent to the financial statement date.
earmarked stock
another term for ‘reserved stock’.
face value
a nominal value stated on a security or other document.
back tax
Dictionary Administrator | 09/04/2013 | 0 Comments
Definition:
tax not yet been paid.