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Prepaids and accruals relate to the services and goods a company receives from its vendors for which payment has been or will be made. Prepaid expenses are the advance pa ... See More
Accrued expenses are those which are yet to be paid but the benefit associated to them is acquired already. we treat them as liability which has to be paid. Prepaid expe ... See More
Accrued Expenses : Expenses that have accrued but not yet paid or recorded 1- it's recoed as current liablites 2- Example ( Wages - rent - electrical payable -Inte ... See More
Visa and MasterCard are interchanges or card network schemes whereas paypal is a payment processor which connects to Visa/MC for processing of payments.
When you compare credit card benefits to reach your decision, it’s generally more important to compare perks from the issuer rather than those from the payment processor. ... See More