Deposit In Transit
A deposit in transit, also known as an un-cleared deposit, is a cash or check deposit that is recorded in the accounting system of a firm but not in the bank’s records.
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Basic Accounts
basic accounting includes revenues, expenses, assets, liabilities, income statement, balance sheet, and statement of cash flows. and debits and credits.
Leasing
Leasing Leasing is a transaction in which an asset is bought using finance supplied by a lessor. When a lessee enters into a leasing agreement, it pays the lessor a
Payday Loan
What is Payday Loan A payday loan is a high-interest, short-term loan for a small sum, often $500 or less, that is intended to be returned with the borrower’s next
Credit Score
Credit Score A credit score is a three-digit figure, generally ranging from 300 to 850, that predicts your ability to repay borrowed funds and pay expenses. Your credit score is
Partnership
Partnership: Basics of Partnership Accounting Partnerships are a popular form of business structure where two or more individuals or entities collaborate to operate a business, allocate duties for operating an