Posts

Showing posts with the label Include




A Financing Statement Must Include Which of the Following

Image
The following video summarizes the four financial statements required by GAAP. A listing or description of the collateral. 7 Important Terms In Finance You Must Know Finance Budget Planning Terms I the name and address of the debtor and of secured party ii a description or indication of the collateral covered by the financing statement and iii if the collateral is related to real property a description of that real property. . The name of the secured party or their representative. Financial statements are prepared in the following order. A UCC-Uniform Commercial Code-1 statement is a legal notice filed by creditors as a way to publicly declare their rights to potentially. Name will not fit in line 1b leave all of item 1 blank check here and provide the Individual Debtor information in item 10 of the Financing Statement Addendum Form UCC1Ad 2. In the cash flow statement financing activities refer to the flow of cash between...