ENDING INVENTORY Definition

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ENDING INVENTORY is inventory at the end of the accounting period.

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MINIMUM PAYMENT is the minimum amount that you must pay, e.g. usually monthly on a home equity loan or line of credit. In some payment agreements the minimum payment may be "interest only" (simple interest). In other loan agreements, the minimum payment may include principal and interest (amortized).

CONTINUOUS INVENTORY see PERPETUAL INVENTORY.

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