Recent content by NamanGupta

:)

Refer to this: http://www.investopedia.com/terms/n/netdebt.asp

When a company's liabilities> assets, they would be in a situation of net debt. It would affect the cash flow forecast negatively, as they would have to pay more in the short term than gain. Hence, money would flow out of the company. :)

It's okay, i'll wait, thank you :D

Hi, can someone help me with Non-profit-making organisations (clubs and societies) accounting? Can someone solve the first additional exercise of chapter 17 from Cambridge International As and A Level Accounting by Harold Randall and David Hopkins? Please. My Statement of Financial Position...