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Folio Number: Every page of a journal is numbered. This number is known as a folio number. [5] The folio number is used as a cross reference between the journal and the ledger accounts. The use of folio numbers makes it easy to refer back from the ledger account to the journal entry or forward from the journal entry to the ledger account.
Accounts payable represent money an organization owes to vendors and suppliers for items and services purchased on credit. Since the purchase is made on credit, it's recorded as a credit account.
A journal entry is the act of keeping or making records of any transactions either economic or non-economic. Transactions are listed in an accounting journal that shows a company's debit and credit balances. The journal entry can consist of several recordings, each of which is either a debit or a credit. The total of the debits must equal the ...
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Tally marks, also called hash marks, are a form of numeral used for counting. They can be thought of as a unary numeral system . They are most useful in counting or tallying ongoing results, such as the score in a game or sport, as no intermediate results need to be erased or discarded.
DA - Dominion Atlantic Railway; Canadian Pacific Railway; DACX - Darling and Company; VIP Tank Services; DAFU - Dafra Lines, SA; DAFX - United States Department of Defense (Troop Support and Aviation Material Readiness)
MAA - Magma Arizona Railroad; MAAX - Maxx Leasing Company; MACX - Mac Acquisitions; MADU - Magnum Speditionsgelleshaft; MAEU - Maersk Lines; MAGX - Magnimet, Monroe Scrap Division; MAIX - Macon Iron and Paper Stock
After this date the shares becomes ex dividend. Ex-dividend date – the day on which shares bought and sold no longer come attached with the right to be paid the most recently declared dividend. In the United States and many European countries, it is typically one trading day before the record date. This is an important date for any company ...