Examlex
In the event of default involving a commercial loan,the potential claims against any shareholders personally are defined by the contracts of guarantee they sign with the bank.
Adequate Cash Flow
Sufficient amounts of cash on hand that an entity has to meet its financial obligations and operational needs.
Bills
Documents indicating a transaction or an obligation to pay for goods or services received.
QBO
Refers to QuickBooks Online, an accounting software based in the cloud, aimed at assisting small to medium businesses.
Expenses
The costs incurred by a business or individual in the process of earning revenue.
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