Category Archives: Bookkeeping

A series of equal amounts occurring at the end of each equal time interval. As we can see from the timeline, this is an ordinary annuity; the payment amounts are identical, they occur at equal time intervals, and they occur at the end of each 3-month period. If you don’t have access to an electronic […]

A series of equal amounts occurring at the end of each equal time interval. As we can see from the timeline, this is an ordinary annuity; the payment amounts are identical, they occur at equal time intervals, and they occur at the end of each 3-month period. If you don’t have access to an electronic […]