Types of Asset Accounts List of Examples Explanations Definition

By definition, assets in the Current Assets account are cash or can be quickly converted to cash. Cash equivalents are certificates of deposit, money market funds, short-term government bonds, and treasury bills. Depending on the nature of the business and the products it markets, current assets can range from barrels of crude oil, fabricated goods, […]

Attention Required! Cloudflare

But the description of the case is based on police and court records, including a trial transcript, as well as interviews with her family and her lawyer. After her appointment with a gynecologist around 15 weeks into her pregnancy, court records show that Akers thought that it was too late for her to have an […]

Lump Sum Payment Definition: 301 Samples

If your company is in a volatile sector or has existing financial troubles, it is probably worth taking into consideration. But for most individuals, these worst-case scenarios need not be a major worry. If you’re interested in exploring this option, our trusted partners may be able to help. When you purchase through links on our […]

What Is The Normal Balance Of Income Summary?

After the accounts are closed, the income summary is then transferred to the capital account of the owner and then closed. The credit is the usual version of the normal balance for the accounts payable. Every company has a usual paying period for the accounts receivables of about one to three months. The statement of […]