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T

T4: Statement of Renumeration Paid.


Tangible Assets: Something substantial or real that is capable of being appraised at an actual or approximate value.


Term Asset: Tangible or intangible asset usually involved in the production of goods and services rather than held for resale and has an economic life greater than one year. These assets are used for more than one year (land, buildings, equipment, quota).


Term Interest Expense: The amount of interest expenses on term loans. Does not include interest paid on
operating loan or line of credit.


Term Liability: That portion of a term loan that does not come due within the next 12 months (mortgages,
equipment loans).


Transaction: A record of a business act or process.

 

 

Last updated on February 17, 2015 by FCC AgExpert