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What is the term for the entire group of accounts maintained by a business?
general ledger
A lease of an asset for its entire productive life?
Lease which is done for the entire productive life of an asset is called "Capital lease or finance lease".
Why is equity called the risk capital of the company?
Equity is called the risk capital of a company because it represents the ownership stake that shareholders have in the business, which carries the highest level of risk compared to other forms of capital. Unlike debt holders, equity investors are last in line to be paid in the event of liquidation and may lose their entire investment if the company fails. Additionally, equity returns are dependent on the company's performance and market conditions, making them inherently more volatile and uncertain. As such, equity capital is often associated with higher potential rewards, balanced by commensurate risks.
Accounts Payable Professional?
The term Accounts Payable refers to debt that a business owes. An accounts payable professional is an individual that processes these invoices for payment. Depending on the size of the company, there may be several levels within the accounts payable department. These positions may range from Accounts Payable Clerk up to Accounts Payable Manager. The complexity of the position and skill required will also vary from company to company. For example, a small privately owned business may have one person managing all of their finances. A large corporation, however, may have an entire department dedicated to accounts payable. They may have sophisticated software systems that all payable invoices are entered into. These systems then incorporate the invoices into the company’s financial records. An accounts payable professional is expected to have a basic understanding of debits, credits, cost centers and general ledgers. Customer service skills are also very important for an accounts payable professional. The accounts payable professional will frequently need to work with vendors to answer inquiries about their payments and will also need to prepare account reconciliations when their records do not coincide with the vendor’s. Many large companies operate on a purchase order system or use procurement cards. These are terms that the successful candidate should be familiar with. Finally, someone interested in acquiring a position in accounts payable should have a thorough understanding of commonly used spreadsheet applications. An individual possessing these skills will be well qualified for at least an entry level position. Often, the academic requirement for an entry level accounts payable position is a high school diploma. A Bachelor’s degree in finance, accounting or business may be required for a management position in accounts payable, particularly for a large firm. All businesses have an accounts payable function, regardless of size. That makes this field highly desirable. The average salary range for an account payable clerk is $25,000-$36,000/year. Gaining experience in accounts payable can easily lead to positions in other areas of accounting. It is a field that experience is often valued equally with formal education, particularly for professionals that started in an entry level position and increased their responsibility over time.
Does personal accounting software do more than track banking accounts?
It depends on the software's features. Some programs may allow you to track your money or help you to keep a budget. These programs may allow you to keep track of your entire spending.
What is the term for the entire group of accounts maintained by a business?
general ledger
How do you delete the entire mails in Gmail id?
You can delete the entire mails from the Accounts. There is a setting called Accounts in Gmail. There is the last option of deleting all the data.
What is it called when a single company is strong to control an entire industry?
A monopoly
What is it called when a single company is strong enough to control a entire industry?
A monopoly
What is it called when a single company is Strong enough to control entire industry?
A monopoly
What is it called when a single company is strong enough control an entire industry?
A monopoly
What is is called when a single company is strong enough to control an entire industry?
A monopoly
What what is it called when a single company Is strong enough to control an entire industry?
A monopoly
What is it called when a strong company is strong enough to control an entire industry?
A monopoly
What is it called a single company is strong enough to control an entire industry?
A monopoly
The situation in which a single company controls an entire industry is called what?
a trust
Is it called when a single company is strong enough is strong enough to control an entire industry?
A monopoly
