The utility model discloses a calculator for accounting to solve the problems that an existing calculating tool which integrates the functions of an abacus and the functions of a calculator is very long in size and inconvenient to use and carry, and belongs to the field of accounting and ...
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This is the total cash transferred from shareholders or investors into your business. These payments are classified as capital contributions. Capital contributions are often used to raise money for an expansion or working capital during a downturn. For accounting purposes, contributed capital is added ...
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Accounting for promissory notes at a complex discount rate A promissory note is a written debt obligation of a strictly established form, which gives the owner of the promissory note (promissory note holder) the undisputed right to demand from the debtor the payment of the amount specified in ...
Amortizationis an accounting technique that's used for several different purposes. Most of us encounter the term when we take out ahome mortgageor other loan. Amortization, in that case, shows how much of each loan payment goes toward paying offprincipaland how much goes toward interest and the...
Accounts Receivable (A/R) is defined as payments owed to a company by its customers for products and/or services already delivered to them – i.e. an “IOU” from customers who paid on credit. How are Accounts Receivable Created? Under accrual accounting, the accounts receivable line item,...