Search results for keyword: payable
contract of purchase
PURCHASE CONTRACT
This Purchase Contract (“Contract”) is entered into on ____________________ (“Effective Date”) by and between _____________________ (“Seller”) and ____________________ (“Buyer”).
I. Products/Services
Seller agrees to sell, and Buyer agrees to purchase, from Seller, the......
11/07/2023 
1034 
Sophia
Financial supply chain
Financial Supply Chain
Financial supply chain (FSC) refers to the chain of financial activities that enable organizations to pay suppliers, get paid by customers, and provide a set of enterprising finance solutions. It is a network of financial flows among the buyers, sellers and other intermedia......
lessee accounting
The Role of Tenant Accounting
Tenant accounting is an important concept for landlords and tenants to understand when entering into a lease agreement. It is important to understand how tenant accounting works as it affects both parties’ rights and responsibilities.
Tenant accounting, also known ......
bearer's bill rights
Endorser’s Rights to a Promissory Note
When one party to a payable document, such as a promissory note, endorses it to another party, the endorser obtains certain rights in relation to the document.
Definition
The definition of a promissory note is a contractual agreement between a lender (the......
Register of accounts
Introduction
The bookkeeping system comprises of several books called Journal, Ledger, Cash book and Trial Balance. A bookkeeping system is similar to a maze where transactions are recorded, sorted and summarized. Businesses have been opting for bookkeeping systems for centuries and this system ......
underestimated tax
Undervaluation of Tax
Tax is a compulsory contribution that governments impose on citizens and organizations towards the expenses of the state. In most countries, particularly democracies, taxation is a central funding source for essential public services such as healthcare, education and infrast......
lessor accounting
The Role of the Landlord Accountant
The landlord accountant is an important part of the real estate industry. The role of a landlord accountant is to ensure that all financial transactions between the landlord and the tenant are properly accounted for, monitored, and reported. This includes track......
mortgage contract
Mortgage Contract
This Mortgage Contract is entered into on this [date] and is between [parties]: [Lender] (the “Lender”) and [Borrower] (the “Borrower”).
Recitals:
A. The Borrower requires a mortgage loan in the amount of [amount] and has requested that the Lender provide the mortgage loan......
tax deferred credit
Diminishing Value Tax Shield Extension
In most countries and regions, companies are required to pay taxes on a portion of their profits. This can have an adverse effect on the companys overall financial performance. One way to defer taxes is through a diminishing-value tax shield extension.
Dimi......
Deferred tax assets
1. Introduction
Deferral taxes are taxes which are accrued but not paid until some future period, although they are recognized as a liability in the financial statement period when they are generated. This type of liability is commonly referred to as a “deferred tax liability”. The deferred tax......
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