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accounts payable

Money which a company owes to vendors for products and services purchased on credit. This item appears on the company's balance sheet as a current liability, since the expectation ... Read more

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Investing Tip

Financial Market Innovations

by Seth Klarman

Financial market innovations are good for Wall Street but bad for clients. Investors must recognize that the early success of an innovation is not a reliable indicator of its ultim ...

Accounts Payable vs. Accounts Receivable

Two concepts important to any business owner or business analyst are accounts receivable and accounts payable. These like sounding accounts on the financial sta...

Retirement 101: 10 Mistakes You Need to Avoid

Ideally, retirement is the culmination of all the years that you have worked hard. During this time, you’re supposed to leave the workforce, reap the frui...

List of Key Accounting Terms and Definitions

If you want to start a business, get better at running your business, or get an accounting job, you need to know some essential financial accounting terms and c...

Interview Questions for Financial Planners

Because “financial planning” covers a lot of ground, it can be hard to find the right match of skill and service to meet all of your needs. But if y...

The Balance Sheet

There are two kinds of financial statements and both follow a long-standing format of reporting. So if you understand how one set of financial statements is org...

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