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A firm carries cash and cash equivalents to pay its short-expression expenditures but to also protect funds for lengthy-term cash deployment.Generally, the fact that a reporting entity maintains a individual bank account for funds it owes into a third party isn't going to call for the cash or cash equivalents to get restricted within the harmony
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one. Ahead commitments. A creditor could come up with a property finance loan loan that should be transferred or marketed into a purchaser pursuant to an arrangement that's been entered into at or before the time the transaction is consummated. Such an settlement is sometimes known as a “ahead commitment.” A balloon-payment home loan that could
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