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Tag Archives: interest
What are Current Liabilities?
A current liability is the opposite of a current asset. It is a financial obligation which a company is expected to have to discharge within a short period of time, sometimes formally defined as one year or the current financial … Continue reading
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What are Current Assets?
A current asset is a highly liquid asset which is expected to be used up within a short period time. Examples of current assets include cash, inventories of goods, accounts receivable ( in other words, invoices which have been issued … Continue reading
Posted in Accounting
Tagged account, Accounting, asset, car insurance, credit, credit card, debt, definition of current asset, finance, financial, goods, Insurance, interest, introduction to current asset, mortgage, profit, services
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What is Cash Flow Statement?
A cash flow statement is an accounting document which shows the amount of cash held by a company over a defined period of time. It records the various transactions the company engaged in and how they affected its cash reserves. … Continue reading
Posted in Accounting
Tagged account, Accounting, asset, Business, credit, creditor, definition of cash flow statement, finance, fine, interest, introduction to cash flow statement, what is cash flow statement
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