state the term red ink interest. what is annuity method ?

state the term red ink interest.
what is annuity method
?

Question Posted / derick zulu

state the term red ink interest. what is annuity method ?..

Answer / amar

A slang term denoting a financial loss. When accountants make physical entries into a financial ledger, red ink is used to show a negative number. Black ink is used to show that a number is positive or profitable.

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