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Financial Accounting

Factoring Accounting

What is Factoring Accounting? Factoring Accounting means how the factoring transaction will be recorded in the books of accounts of the company. Before we understand what is factoring accounting …

Privately Held Company

Privately Held Company – Meaning As the name suggests, a privately held company is a company that is wholly owned by the company’s founders, management, or private investors. Equity …

S Corporation

S Corporation- Definition S Corporation is a closely held corporation by the Internal Revenue Code of the United States federal income tax, wherein the corporation is not taxed but …

Limited Liability Company

What is a Limited Liability Company? Limited Liability Company is the U.S. term wherein the members of the corporate structure are not personally liable for the debts and obligations. It may …

Consignment

Now a day in order to increase sales, manufacturers hire agents who can sell their goods as it might not be possible for them to look after the debtors …