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No Company Uses the Pooling-Of Interests Consolidation Method Because It

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No company uses the pooling-of interests consolidation method because it is now prohibited throughout the world by standards.


Definitions:

Vouchers Payable

Obligations or debts owed by a company for goods and services that have been received but not yet paid for.

Purchases Discount

A reduction in the price paid for goods, given for early payment according to the terms of purchase.

Voucher Register

A record-keeping system that logs all vouchers issued and paid by a business, detailing payments to suppliers and services.

Date Of Payment

The date the dividend is paid.

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