The verification that the total dollar amount of the debits equals the total dollar amount of the credits in the ledger is called the balance sheet.
principal
Line of credit
The original $50 loan would be considered the principal amount. The extra $10 would be considered interest charged on the principal.
Interest On E2020 Government quiz
The original amount of money borrowed is known as the principal.
That is called "interest"
principal
Principal.
It is sometimes called the capital.
The National Debt
either surplus or deficit :p
The predetermined amount an individual must pay for the use of borrowed money is called interest.
The predetermined amount an individual must pay for the use of borrowed money is called interest.
the total amount of money that a country's central government has borrowed and is not still paid.
That is called interest, the main loan amount that you borrowed is called the principle.
The original amount of money borrowed is known as the principal.