Define stretching accounts payable

Q: What is Balanace of Payment

A: Balance of Payment is a statement of monetary transactions made and records  between residents of a…

Q: Explain receivables conversion period

A: It is the time interval connecting the sale of the last item using a credit card and cash receipts…

Q: Define Discount Rate.

A: A discount rate is rate which is used to bring future value of cash flow to the present value.It is…

Q: Define Interest receivable.

A: Introduction: Interest Receivable is an amount which has been earned by the person but the same has…

Q: Define Monetary unit assumption.

A: Money measurement assumptions: As per the money measurement assumptions, only quantifiable…

Q: Describe Liabilities from Advance Collections.

A: Liabilities: The claims creditors have over assets or resources of a company are referred to as…

Q: z, Drawing Will nge notes payable

A: The Trial balance figures in the question does not match. Hence, the question is solved with…

Q: reimbursement plan

A: Those Expenses will be reimbursed by Business to their Employees which are related to business. In…

Q: deposits, as well as reserve requirements. * Commission Gross Balance Down payment Current increase…

A: The question is related to Banking and is of multiple choice question.

Q: What is the amount of loan extended to MAPCD Co

A: An extended loan means when the amount of the loan is increased by the lender of the loan. the note…

Q: Define warehouse receipt financing

A: A warehouse receipt is a document of proof about the ownership of goods kept in that warehouse.

Q: Give a definition of “Receivables”. Give two examples.

A: In accounting, Receivables means amount to be received from outside of the company. It includes…

Q: Describe factoring of receivables.

A: Definition:   Factoring: A factoring is a financial transaction in which a company sells its…

Q: Define Credit analysis

A: Credit analysis is the method by which the creditworthiness of a business or organization is…

Q: Define refunding operation

A: Introduction: Refunding is the method of withdrawal or repayment of an existing bond issue by…

Q: Define disbursement float

A: Disbursement float is a technique by which entity manages the cash as when a firm disburses the…

Q: Calculate interest expense. Calculate its sales.

A: EBITDA means earnings before interest, tax, depreciation and amortisation expenses. NOPAT means net…

Q: Define credit enhancement

A: Borrowings are the liability of the company which is used to finance the requirement of the funds.…

Q: In a vertical analysis, the anchor point for accounts payable is

A: Vertical analysis of financial statements means where every item of financial statement is written…

Q: Explain Pass-Through Rates, Yields, and Servicing Fee?

A: Pass-through rateA rate of interest being paid to the investors on the securitized asset after…

Q: Define Interest cost.

A: Cost: The amount paid to purchase the asset, install it, and put it into operations, is referred to…

Q: Define Debit

A: Accounting depends on double entry system. As per dual aspect principle of accounting, each and…

Q: Define Fixed charge coverage

A: The formula to compute fixed charge coverage ratio:

Q: Payable.

A: The correct answer is  c) Long term bonds payable

Q: Define credit period

A: The purchase and sales transactions are in the form of cash or credit. If the payment is made at the…

Q: Explain payment date

A: Whenever firms have the excess cash, either they can distribute it as dividend or can retain that…

Q: Define the term credit revenue.

A: Credit Revenue: When goods or services are sold on credit, they are recorded as revenue, but since…

Q: Define arbitrage

A: Introduction: Usually, an arbitrage opportunity is used when there is the option of purchasing an…

Q: Explain payables deferral period (PDP)

A: Payable deferral period (PDP) is a period or number of days that firms take to pay their creditors…

Q: Define Accretion expense.

A: Accretion expense is incurred due to the effluxion of time which is calculated on the basis of…

Q: Define discount period (credit)

A: Credit period:   Credit period is the maximum amount of time, expressed in days, provided by the…

Q: Define Advance payments.

A: Advance Payment : Advance Payment is a payment made before goods or services are provided. Advance…

Q: Define account payable

A: As the term suggests, accounts payables is the sum of money to be paid in the near future. It is a…

Q: Define Interest revenue.

A: Revenue: Revenue is earnings from the operations of a business. The operating activities are the…

Q: what is the Credit for partial payment knowing that information?

A: Trade discount: Trade discount can be defined as the deduction provided by the manufacturer or the…

Q: EXPLAIN THE RESULTS OF TOTAL LIABILITIES IN VERTICAL ANALYSIS

A: Balance sheet is the financial statement in which all assets and liabilities are shown on a…

Bookkeeping

Bookkeeping is the process of recording the financial transactions of a company on a regular basis. With the process of bookkeeping, companies can track important financial information that helps management in making crucial decisions.