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sum-of-the-digits method [1 record]
Record 1 - internal organization data 1999-05-17
Record 1, English
Record 1, Subject field(s)
- Accounting
Record 1, Main entry term, English
- sum-of-the-digits method
1, record 1, English, sum%2Dof%2Dthe%2Ddigits%20method
correct
Record 1, Abbreviations, English
Record 1, Synonyms, English
Record 1, Textual support, English
Record number: 1, Textual support number: 1 DEF
A method of allocating the finance charge on an instalment contract to accounting periods in which the unearned charge is allocated to the individual periods on a reducing basis by multiplying it by a fraction in which the numerator is the number of periods remaining plus 1 and the denominator is the sum of the numbers representing the periods. For a note repayable in equal instalments over twelve months, the denominator is 78, and the numerator for the first month is 12, for the second month 11, and so on. 1, record 1, English, - sum%2Dof%2Dthe%2Ddigits%20method
Record number: 1, Textual support number: 1 OBS
Compare with "reverse sum-of-the-digits method" and to "rule of 78". 2, record 1, English, - sum%2Dof%2Dthe%2Ddigits%20method
Record 1, French
Record 1, Domaine(s)
- Comptabilité
Record 1, Main entry term, French
- méthode de ventilation proportionnelle à l'ordre numérique inversé des périodes
1, record 1, French, m%C3%A9thode%20de%20ventilation%20proportionnelle%20%C3%A0%20l%27ordre%20num%C3%A9rique%20invers%C3%A9%20des%20p%C3%A9riodes
correct, feminine noun
Record 1, Abbreviations, French
Record 1, Synonyms, French
Record 1, Textual support, French
Record number: 1, Textual support number: 1 DEF
Méthode de ventilation, entre plusieurs périodes, du profit non gagné provenant de contrats à tempérament. La somme incorporée au bénéfice de la période se calcule au moyen d'une fraction dont le numérateur est le nombre de périodes non écoulées plus 1 (soit la période considérée) et le dénominateur, la somme des nombres représentant les périodes. Ainsi, pour un billet remboursable en versements égaux répartis sur cinq ans, le dénominateur est de 15 (1+2+3+4+5) et le numérateur, 5 pour la première année, 4 pour la deuxième, et ainsi de suite. 1, record 1, French, - m%C3%A9thode%20de%20ventilation%20proportionnelle%20%C3%A0%20l%27ordre%20num%C3%A9rique%20invers%C3%A9%20des%20p%C3%A9riodes
Record 1, Spanish
Record 1, Textual support, Spanish
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