Ottobre 2021

Notes Receivable in Accounting

da admin | Ott 20, 2021 | Bookkeeping

Your company receives a $10,000, 4 year, 2% annual interest note, paid semi-annually. The payee is the party who receives payment under the terms of the note, and the maker is the party obligated to send funds to the payee. The amount of payment to be made, as listed...

Double Entry: What It Means in Accounting and How Its Used

da admin | Ott 5, 2021 | Bookkeeping

This bookkeeping method also complies with the US generally accepted accounting principles (GAAP), the official practice and rules for double-entry accounting. The DEAD rule is a simple mnemonic that helps us easily remember that we should always Debit Expenses,...

Notes Receivable in Accounting

Double Entry: What It Means in Accounting and How Its Used

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