A note payable is a debt that is established with a written agreement, such as a bank loan. The notes payable account in the liabilities section of the balance sheet represents the total amount a ...

Flow-down (or “pass-through” or “conduit”) clauses are a common feature in construction contracts, particularly in projects involving multiple tiers of contracts. These clauses are intended to ensure ...

What is Cash Flow Statement? Apart from the two mentioned financial statements of a company that focuses on finding the position of the company and showing the operational activities of the enterprise ...