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What is the difference between freight payable as per charter party with freight prepaid?
As to freight paid as per charter-party it generally mean that freight is payable at the rate mentioned in the charter-party.
So the difference is that advance freight is the freight paid in advace and freight paid as per c/p is a phrase in B/L (bill of lading) referring to rate and way of payment of freight (i.e. to which bank, by money transfer or in cash, within how many working days, etc.)
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What is the difference between the amount received from issuing a note payable and the amount repaid is referred to as?
Interest.
What is the difference between a bank loan and notes payable?
I think a bank loan is when money is borrowed from a bank with the expectation that it will be repaid, and notes payable is then the accumulation of all loan amounts expected to be repaid according to each note (the legal document with the stipulations).
What is FOB an acronym for?
The abbreviation FOB means Free on Board. That means freight and insurance have not been taken into consideration while calculating export pricing. In fact under FOB shipment, the freight is payable by the buyer at destination. Insurance coverage is arranged before hand by the buyer.
Distinguish between deep discount bond and zero coupon bond?
the main difference between deep discount bond and zero coupon bond is that in case of zero coupon bond no int is payable periodically while in case of deep discount bond int is payable periodically at very lower rate say 2% per annum
What is trade payable?
A trade payable is another term referred to as an account payable. Most companies have an accounts payable department responsible for making sure money is paid to other parties that the company received a service from.
What is freight payable at destination?
Freight collect
Difference between account payable and bills payable?
Accounts Payable releted to Creditors and Bills payable releted to bank.
Difference between loan payable and loan receivable?
loans payable apear under liability on the balance sheet.
What is difference between bill receivable and bill payable?
bill receivable is what is owed to a company; bill payable is what is paid
What is the difference between credit sales and accounts payable?
Credit sales referes to sales and accounts payable referes to bank
What is the difference between notes payable and trade payable?
The difference between trades payable and notes payable is based on the relationship with the business to which money is owed to. Trades payable is typically with a business' supplier while notes payable is usually with a bank. Their treatment in the cashflow statements also differs. With trades payable, the transaction is reported in the CFO (Cash flow from Operations) while notes payable under US GAAP is reported under CFF (Cash flow from financing).
What is is the difference between Commission Payable and Commission Receivable?
Commission Payable is Commission that you pay, Commission Receivable is Commission someone is paying you.
Difference between the salaries and salary-payable?
Salaries expense -can be paid or unpaid while salaries payable is finally pay the salaries...
What is the difference between bills payable and notes payable?
Bill or notes payable both are same things with different names and can be used interchangably to refer to one same thing.
What is the difference between notes payable and accounts payable?
A note payable is a tangible note between you and another company that you will pay them back for a good or service they sold you. An account Payable is an allocation base for all of your notes payable. so for example i could have a note payable to company A for $100, Company B for $500, and Company C for $300, and my accounts payable would be $900
What is sea freight?
Sea freight is primary payment obligation arising under a voyage charter. This obligation represents a fixed price for carriage of a particular cargo or cargoes on a particular voyage. Such price normally includes the owner's operating costs, the cost of fuel consumed on the passage between ports and the owner's profit margin. Freight is the reward payable to the carrier for the safe delivery; if the goods are lost on the voyage, nothing is payable. On the other hand, if the goods are safely carried, the Master of the ship has a lien on the goods for the amount of the freight due for such carriage, and cannot be compelled to part with the goods till such freight be paid. These incidents to freight exist by rule of law, without reference to any bill of lading, or other written contract between the parties. Most of the leading companies like Dark Blue Shipping LLC offer affordable solutions and flexible Sea Cargo rates. You can get in touch with them and transport goods in a hassle-free way. Thanks Regards, Ameliia.
What is the difference between accounts payable and notes payable?
Accounts payable refers to liabilities owed to creditors from whom you've made a purchase. Notes payable refer to liabilities owed to investors from whom you've borrowed money by issuing a debt security.
