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What Is Payable In Cash Flow Statement?

January 24, 2024 by Emily Lee

What Is Payable In Cash Flow Statement? On the company income statement, accounts payable – the bills you haven’t paid yet – is a negative entry, representing a loss of income. The cash flow statement doesn’t treat accounts payable as a negative. The money you’ve set aside to pay those bills counts as cash on

Is Capital Account Same As Basis?

January 24, 2024 by Juan Martinez

Is Capital Account Same As Basis? Although the concepts are similar, a partner’s capital account and outside basis are generally not the same. The partner’s capital account measures the partner’s equity investment in the partnership. The outside basis measures the adjusted basis of the partner’s partnership interest. What is a tax basis capital account? A