Useful life
Useful life is either (i) the period over which a depreciable asset is expected to be used by the enterprise;
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Unpaid Dividend
Dividend which has been declared by a corporate enterprise but has not been paid, or the warrant or cheque in
Read moreUnissued Share Capital
That portion of the authorised share capital for which shares have NOT been offered for subscription.
Read moreUnexpired Cost
That portion of an expenditure whose benefit has not yet been exhausted.
Read moreTrade Discount
A reduction granted by a supplier from the list price of goods or services on business considerations other than for
Read moreSurplus . #Surplus
Credit balance in the profit and loss statement after providing for proposed appropriations, e.g., dividend or reserves.
Read moreSundry Debtors / Trade Debtors/ Trade Receivables . #Sundry Debtors #Trade Debtors #Trade Receivables
Person from whom amounts are due for goods sold or services rendered or in respect of contractual obligations. Also termed
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