Trade Payables
Trade payables represent amounts owed by a business to its suppliers for goods or services received on credit. They appear under current liabilities on the balance sheet. Proper management of trade payables helps maintain supplier trust, optimise cash flow, and prevent liquidity issues in daily operations.
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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…
Trust Account
A trust account is a special bank account where funds are held by one party for the benefit of another.…
Transfer Pricing
Transfer pricing is the method used to determine prices for goods, services, or intellectual property exchanged between related entities within…
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