December 2023 -
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Month: December 2023

Direct Write-Off Method vs the Allowance Method for Bad Debt

The most important thing to remember when working with the allowance methods for bad debt is to know what you have calculated! Once you figure a dollar amount, ask yourself if that amount is the bad debt expense or the allowance. If it is the allowance, you must then figure out how much bad debt…

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Prime Broker Vs Executing Broker: Key Differences Revealed

They cater to the complicated Prime Broker and an Executing Broker wants of those traders, which can involve borrowing large sums of money to maximise returns. J.B. Maverick is an energetic trader, commodity futures broker, and inventory market analyst 17+ years of expertise, along with 10+ years of experience as a finance writer and book…

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