What do you mean by the serial bonds? How is premium on bonds payable shown on the balance sheet? Explain what is meant by bonds being issued at a premium and at a discount. Explain the term "accounts payable". What do you understand by accrued rent?
This is what FedNow is all about. Not immediately, of course. But piece-by-piece. Just as the income tax was only paid – at first – by the “rich.” Who of course didn’t pay it, being rich enough to pay politicians to enact exemptions and “write-offs” so as to ameliorate th...
Do I have to pay interest orescrowadvances during this time, or is this a complete payment deferral? Is the loan maturity date being extended? Will the lender recapture the deferred payments through aballoon paymentat loan maturity, an extended maturity date or some other catch-up method?
If my health insurance contract includes a "Promissory Estoppel" clause to the effect that no oral or written statements by any individual can alter the terms of the contract, is or isn't that statement a violation of the estoppel doctrine?
A mortgage is made up of four parts: The principal amount, interest, taxes and insurance. Remember that any time you borrow a loan of any kind, you're expected to make monthly payments toward the balance you borrowed in addition to the interest. The same holds true for a mortgage; the ...
What all is included in cash and cash equivalents? What do you understand by a general ledger account? Explain what is meant by bonds being issued at a premium and at a discount. What does "paying with concealed cash" mean? What do you understand by an adjusted trial balance?
“Queenie” is a bitch. During “Satisfaction,” long-stem roses shower off him from the audience (and where did they get them? Must have been laid on them by Stones’ management). He changes the line in “Honky Tonky Woman” to say “I laid a divorcee right here in Frisco . . ....
Further complicating matters is the fact that banks and lenders do things differently. Some charge so-called loan application fees while others ask that you pay points. Then there are those that tack on lender fees and points. While shopping for a home loan, you’ll likely hear the term “...
While there is no universal definition for emerging markets, they are generally characterized by factors such as rapid economic growth, increasing integration into the global economy, and a rising middle class with greater purchasing power. These markets often exhibit higher levels of volatility compared...
prepayment penalties can be implemented for the first three years. for the first and second years of the loan, a penalty of up to 2% of your mortgage balance can be charged, and the third year penalty may be up to 1%. after that, prepayment penalties are prohibited. you may want to ...