Current Liability Current Liability is a companys debts or obligations which can be due within one year. Current liabilities appear around the company’s balance sheet including short…
Credit Note Credit Note is a document used by way of a purchaser to notify a vendor from the quantity and dollar level of goods being delivered,…
Demand Note Demand Note is a loan with no fixed term or maybe set duration regarding repayment. It may be recalled upon the lenders request, assuming the…
Credit Theory of Money Credit theories of money are concerned with the relationship between credit in addition to money. Proponents of the theories, such as Alfred Mitchell-Innes, sometimes emphasize…
Mutual Credit Mutual credit is a form of alternative currency that currency used inside a transaction can be created in the time the transaction. Community exchange trading…
Credit Score A credit score is a numerical expression determined by a level analysis of the person’s credit records, to represent the creditworthiness with the person. A…
Commercial Credit Reporting Strict laws governing credit reporting agencies seldom include commercial credit reporting agencies. Any complaints in regards to the accuracy or incompleteness of information in a…
Creative Accounting Creative Accounting practices that follow required laws and regulations, but deviate through what those standards want to accomplish. Creative accounting capitalizes on loopholes from the…
Stock Management Stock management is about specifying the particular sizing along with placement of goods that the company offers in stock options. Stock management is essential for…
Inventory Explanation Inventory is the raw materials, work-in-process goods along with completely finished items that are thought to be the portion of the business’s assets which are…
Cost of Goods Sold Cost Of Goods Sold is the direct costs owing to the production in the goods sold by a company. This amount includes the cost on…
Cost Accounting Definition Cost accounting involves to determining the expense of products, processes, assignments, etc. in order to report the proper amounts on the financial statements, and assisting…