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If a company converts a short-term note payable into a long-term note payable what would this transaction do?
Wiki User
∙ 11y ago
decrease the current ratio and decrease the acid-test ratio
Wiki User
∙ 11y ago
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Which companies provide low transaction processing fees?
A company that's known for it low transaction processing fees is PayPal. Another company with low transaction processing fees is Unible Merchant services.
What are the differences between capital reserves and revenue reserves?
capital reserve is a type of account on a company's balance sheet that is reserved for longterm capital investment projects or any other large expenses that will be incurred in the future. capital reserve is a type of account on a company's balance sheet that is reserved for longterm capital investment projects or any other large expenses that will be incurred in the future.
Which companies offer credit card transaction processing?
One company that offers credit card transaction processing that has the highest consumer rating is Flagship Merchant Services. Following this company in ratings is the Merchant Warehouse.
What is accounts receivables factoring?
Accounts receivable factoring is a transaction by which a business sells their invoices to another company at a discounted price. It must be taken into consideration that this transaction is not a loan.
Jekyll Company collected 500 on account What impact will this transaction have on the firm's current ratio?
no impact
Which companies provide low transaction processing fees?
A company that's known for it low transaction processing fees is PayPal. Another company with low transaction processing fees is Unible Merchant services.
What is the difference between inter-company and intra-company?
Inter company transaction is between two or more related legal entities while intra company transaction is within the same legal entity.
Which type of company converts materials into finished products?
Manufacturing Company.
What is it when a transaction is listed as grant in stocks?
When the transaction is listed as grant it means that the company give the stock to the employee.
How do you account for sale of company stock by owner?
capital transaction
How long can a company hold your debit transaction?
1 year
A company comes into your home to clean the carpet Which of these was provided by this transaction?
a service
A company comes into your home to shampoo the carpet Which of these was provided by this transaction?
Service
An internal company document that announces important information is called?
Transaction
What is the conversion process from an accounting perspective when converting a partnership to a company structure?
a partnership converts to a company structure
What are the differences between capital reserves and revenue reserves?
capital reserve is a type of account on a company's balance sheet that is reserved for longterm capital investment projects or any other large expenses that will be incurred in the future. capital reserve is a type of account on a company's balance sheet that is reserved for longterm capital investment projects or any other large expenses that will be incurred in the future.
Which companies offer credit card transaction processing?
One company that offers credit card transaction processing that has the highest consumer rating is Flagship Merchant Services. Following this company in ratings is the Merchant Warehouse.
