Define the term Debtor
Define the term Debtor. Is they our client?
Expert
Debtor is our client. We sell the goods to him on credit. When we sell him goods with cash or cheque or credit card, then there is no requirement to open debtor account in books. Debtor’s closing balance is as well our current asset and it is shown in balance sheet’s asset side. This is as well mention in current asset whenever we compute working capital for maintains superior working capital management.
What are MIS reports and do you made it?
Suppose a firm's common stock paid a dividend of $1.75 yesterday. You expect the dividend to grow at the rate of 8% per year for the next 3 years, if you buy the stock, you plan to hold it for 3 years and then sell it. Q : Country and political risk What is What is country risk and how it is different from the political risk?
What is country risk and how it is different from the political risk?
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