Bookkeeping

The other parties involved in the case of cheques are endorser – the one transferring his right for payment to another, and endorsee – the one to whom the right is conferred. In this article, you will get to know the difference between stale cheque and post-dated cheque. As the issuer, we will be able […]

Times Interest Earned (TIE) is a crucial financial indicator that offers valuable insights into a company’s financial stability by evaluating its capability to fulfill interest payments on outstanding debt obligations. The TIE ratio is a vital tool in risk assessments, helping stakeholders identify potential financial risks. For instance, companies with low TIE ratios are at

For example, the owner of a $200,000 house with a $75,000 mortgage loan is said to have equity of $125,000. Often a 1% or 2% reduction in the amount owed if an invoice is paid within 10 days of the invoice date instead of the customary 30 days. Get access to quizzes, exams, progress tracking,