JOINT PRODUCT Definition

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JOINT PRODUCT is a single production process that yields multiple products simultaneously.

Learn new Accounting Terms

BAS, among many others, can mean Basic Accounting System, Business and Administrative Services, or Bachelor of Arts and Sciences.

SUM-OF-THE-YEARS DIGITS (SYD) is the accelerated depreciation method in which a constant balance (cost minus salvage value) is multiplied by a declining depreciation rate.

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