ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
From the web's #1 provider of financial analysis / ratio analysis
CURRENT MATURITIES-L/T/D Definition
CURRENT MATURITIES-L/T/D is that portion of long term obligations which is due within the next fiscal year.
Learn new Accounting Terms
REALIZED INCOME see REALIZED NET INCOME.
PRUDENCE CONCEPT, otherwise known as conservatism, says that whenever there are alternative procedures or values, the accountant will choose the one that results in a lower profit, a lower asset value and a higher liability value.