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Freebusinessideas | Business, Financial, Make Money
Freebusinessideas | Business, Financial, Make Money
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What is Personal Financial Statement? - Personal financial statement is a private document that is prepared to disclose all the information regarding the assets and liability of an individual. The document helps a person to approach banks for the financial loans like; auto loan, home loan or credit cards as this document reveals the credit worthiness of a person. The document it along with Assets and liability includes the personal information of a person as his or her name, address and ide...
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What is Credit Memo? | Defination & Meaning - A credit memo is popularly known as get credit memorandum which is a document produced and issued to a buyer by the seller after sending out the invoice of the sale transaction. The credit memos are generated to eliminate some or the entire value of an item mentioned in memo for the sale transaction. Credit memo is different from a refund as the customers get refund in monetary terms but in case of credit memo certain amount is reduced from the ...
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What are Account Receivables? | Meaning & Important - Account receivables are legally enforceable documents or invoices that claims amount pending to be paid to the business by the customer or client who have ordered and duly received the goods and services from the business but the amount has not yet been paid. Instead a valid document is prepared that is account receivables for the future payment of the same amount remain to be paid or outstanding to the business. Account receivables are ...
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