Is cash capital?
What is the difference between cash and stocks? The difference between cash and stocks is that cash is a currency that can be used immediately for transactions. This can be used to buy real estate, stocks, cars, groceries, etc. Stocks have a cash value. But it is not yet a monetary state.
What is the name of the person you owe money to?
A debtor is a person or organization that owes money. This is usually because you owe money, or for services or goods. In most cases, the debtor has a legal obligation to repay the debt. The people who owe the debt are: called a creditor.
Do I have to return the money?
Employers are still entitled to recover overpayments if the employee leaves the company, but it may be more difficult for the employer to recover the overpayments if the employee leaves the company. If your final salary has not been paid, you need to take action. Quickly.
What is immediate?
Immediate repayment: Principal and interest payments begin immediately after the loan is disbursed.Interest-only repayment: You pay only interest while you are enrolled in school, and principal and interest payments begin after graduation or within six months of enrollment. 還款
Do we call what we owe an asset?
Assets are assets owned by a business that can provide future economic benefits, and liabilities are things owed to others. In other words, assets put money into your pocket and liabilities take money out.
Is a promissory note debt or equity?
A promissory note is a type of debt that businesses use to raise capital. Investors lend money to companies. In return, investors are promised a certain regular income. 借錢
Why is debt repayment not recorded on the income statement?
The principal received from the bank is not included in the company’s income and is therefore not recorded in the income statement, and similarly, the repayment of the principal is not recorded in the income statement as it is not an expense.
Is profit an asset or capital?
Its profits are both assets (cash) and capital (business profits held for future use), and if the business failed tomorrow, the capital would be divided equally among the owners.
What is the difference between expenses and debt?
Expenses are the costs of operating a company, and debts are obligations or debts that a company incurs. Expenses are debts because they can be paid immediately in cash or deferred. 貸款
What are monthly installments?
Definition: An EMI or equivalent monthly installment, as the name suggests, is a portion of the average monthly expenditure required to settle an outstanding loan within a stipulated period of time. Determined by factors: 1) the principal amount borrowed, 2) the interest rate, and 3) the term of the loan.