Trust Account
A trust account is a special bank account where funds are held by one party for the benefit of another. Common in legal, property, and financial sectors, it safeguards client funds and ensures they are used strictly for their intended purpose, maintaining transparency and fiduciary responsibility.
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Trade Discount
A trade discount is a price reduction offered by sellers to buyers, usually wholesalers or repeat customers, for bulk purchases…
Transfer Pricing
Transfer pricing is the method used to determine prices for goods, services, or intellectual property exchanged between related entities within…
Trade Receivables
Trade receivables are the amounts customers owe to a company for goods or services sold on credit. They are recorded…
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