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Classic Info Solutions offers high quality Bookkeeping activities and Reporting services. We have an excellent track record for the best customer satisfaction. We have an excellent staffs who will guide with their best ideas by keeping in constant touch with your company.
ACCOUNTS - PAYABLE
Accounts payable is money owed by a business to its suppliers, shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.
ACCOUNTS - RECEIVABLE
Accounts receivable refers to the outstanding invoices a company has or the money the company is owed from its clients. The phrase refers to accounts a business has a right to receive because it has delivered a product or service. Receivables essentially represent a line of credit extended by a company and due within a relatively short time period, ranging from a few days to a year.
GENERAL LEDGER
A general ledger account is an account or record used to sort and store balance sheet and income statement transactions. Examples of general ledger accounts
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We provide industry oriented training on QuickBooks
