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A debt instrument with no ready market is exchanged for property whose fair market value is currently indeterminable When such a transaction takes place?
Wiki User
∙ 13y ago
- the directors of both entities involved in the transaction should negotiate a value to be assigned to the property.
Wiki User
∙ 13y ago
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What is exact mean by forex?
Forex (or FX) is short for Foreign Exchange. It represents a transaction where a currency is exchanged for another at a mutually agreed rate.
What is meant by the exchange rate of the US dollar?
It refers to how many dollars you would get if you exchanged some foreign currency for dollars. For example, the exchange rate for GB pounds is currently 1 pound for 1.53 US dollars
What is cash basis accounting?
Cash basis accounting is the method of tracking finances at the time that cash is exchanged. So, when a customer pays you cash, you would record the transaction; when you pay for your expenses with cash, you would record the transaction. Cash basis differs from ACCRUAL BASIS accounting, which tracks the funds based on when the transaction created a debt. So, in accrual accounting, you would record a transaction when you issue an invoice (requiring payment) because ACCRUAL accounting recognises this invoice as an asset, even though it has not yet been realised. Similarly, when you receive a bill from a client or utility, that bill (in accrual accounting) is recorded as a debt, even though it has not yet been paid. So CASH ACCOUNTING and ACCRUAL ACCOUNTING differ in the TIMING of the record of when the transaction is paid - at time of exchange of cash/funds or at time of notice of requirement to pay. - Xavier
Can travelers checks be exchanged for cash?
yes
How is a company's stock price calculated daily?
A company's stock price is not "calculated." At the end of the day it merely represents the exact price at which the last transaction took place. The last price of the day is the price of last share or shares that exchanged hands between an buyer and a seller before the 4pm ET close M-F. The price of a company's stock during the day before the 4pm ET close is just the price at which the last transaction took place at that exact moment in time. There is no calculation ever.
What is a transaction?
A transaction is any activity in business that involves money. It occurs when something of value is exchanged with something else of value. The act of recording transactions is called bookkeeping.
What are realized revenues?
REALIZED REVENUE-A revenue transaction where goods and services are exchanged for cash orclaims to cash.
What is time to maturity?
Time to maturity is the amount of time left before an investment instrument can be exchanged for cash. If the instrument is withdrawn before maturity, there is will fines.
What are the difference between trade and business?
trade is the exchange of goods or services business is a transaction where goods and services are exchanged so they are the same
What is exact mean by forex?
Forex (or FX) is short for Foreign Exchange. It represents a transaction where a currency is exchanged for another at a mutually agreed rate.
In detail describe all of facets of Build-A-Bear products what is being exchanged in Build-A-Bear transaction?
Um, what the heck? (Is this a joke?) I think you need to see a doctor.
Describe how an accurral accounting deferent fom cash accounting?
Accrual accounting records an expense/revenue in the period the transaction occurs. Cash accounting recognizes and expense/revenue when cash is exchanged.
Warranty shall survive and not merge on completion?
This means that the warranty provided remains valid and enforceable even after the completion of the transaction. The terms of the warranty will continue to be relevant and binding, separate from any other agreements made during the transaction.
What Is A Trader?
A purchase or sale, Trade is the voluntary swap of goods and services. Trade is known as commerce or transaction as well. A method that permits trade is called a market.
What is the part of speech for exchanged?
Exchanged is a verb. It describes an action.
What is a physical object that can be exchanged?
Goods are physical objects that can be exchanged.
What goods are exchanged for salt?
they exchanged european wares for salt
