give three similarities and three difference between hire purchases and deferred payment
Dual agency occurs when one broker or salesperson represents both parties to a transaction, or when two salespersons licensed to the same broker each represent a party to the transaction. Closing costs are a negotiable item between the buyer and the seller in the purchase agreement.
........hire purchases,-propert is on the possession by the buyyer,but the right to own the goods remain to the seller until to the last installment paid.,.while DEFERRED PAYMENT- the right to own the propert shift to the buyyer soon after pay the down payment,but the p possession of propert is remain to the hands of the seller until the last installment is paid
Purchase orders are used in business transactions to formalize and document the agreement between a buyer and a seller for the purchase of goods or services. They help ensure clarity, accuracy, and accountability in the transaction process.
What is transaction what it contains
An escrow deposit is a larger sum of money held by a third party during a real estate transaction, while earnest money is a smaller deposit made by the buyer to show their commitment to the purchase.
With Credit card you have to pay the credit company back later, cash is paid and over with if used.
The deal was called the Louisiana Purchase.
Dual agency occurs when one broker or salesperson represents both parties to a transaction, or when two salespersons licensed to the same broker each represent a party to the transaction. Closing costs are a negotiable item between the buyer and the seller in the purchase agreement.
........hire purchases,-propert is on the possession by the buyyer,but the right to own the goods remain to the seller until to the last installment paid.,.while DEFERRED PAYMENT- the right to own the propert shift to the buyyer soon after pay the down payment,but the p possession of propert is remain to the hands of the seller until the last installment is paid
Deferred tax is an accounting concept, meaning a future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities and their tax value, or timing differences between the recognition of gains and losses in financial statements and their recognition in a tax computation
processing a transaction includes involves cash or non transaction and concept of different between two?
Purchase orders are used in business transactions to formalize and document the agreement between a buyer and a seller for the purchase of goods or services. They help ensure clarity, accuracy, and accountability in the transaction process.
False. Deferred taxes typically arise from differences in accounting methods or timing between tax reporting and financial reporting, such as using different depreciation methods for tax purposes than for financial statements. When the same method is used for both, there is generally no temporary difference, and therefore, no deferred tax implication.
Consignment is paid for later normally a few months later and cash in advance is paid earlier.
Total Payments refers to the total amount of money that has been paid or is due to be paid for a specific transaction or over a specified period. Deferred Amounts are payments that have been postponed to a later date, often due to an agreement between parties. Together, these terms help in understanding the financial commitments and cash flow implications of a contract or agreement.
What is transaction what it contains
·A nested transaction is a transaction that is logically decomposed into a hierarchy of sub transaction. A distributed transaction is logically a flat, indivisible transaction that operates on distributed data.