What are characteristics credit and contract and explain?

Why is prepaid expense not an expense? How accurate are online credit reports? What is Total Net Salary? Do public sectors use activity based costing? What type of an account is a purchase? Does the concept of revenue less expense equaling an increase in equity or fund balance make sense to you? In accounting is mileage a direct cost or an overhead? Is the name for a tax on imports? Why is it a good idea to open a bank current account in a business's name? If accounts payable have increased during a period will the expenses on an accural basis be less than expenses on a cash basis? How the process followed at your bank to capture assess and use client information for sales purposes? Why did the bank get different totals in my checkbook balance? Can i put old bank checks in my bank? How much do they take out in taxes if you make 10.50 an hour? What is cost apportionment? Does accrued salaries have a debit or credit balance? What is considered a consumption tax? How do you report a collection agency that will not tell you how to resolve an acct that has your SS number but someone else's name? What is a base profit? What standard bank has the branch code 033012?

What are characteristics credit and contract and explain?