Unlike cash-basis accounting, accrual accounting suggests recording a transaction in financial records once it occurs, regardless of when cash is paid or received. Taking out a loan directly from the bank can be done relatively easily, but there are fees for this (and interest rates). Issuing notes payable is not as easy, but it does […]
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Head Office & Stittsville Living Room
7725 Flewellyn Road, Ottawa ON K2S 1B6
