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A firm's accounts payable ledger may include accounts for creditors who are not suppliers of merchandise True or False?
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∙ 12y ago
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Wiki User
∙ 12y ago
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The entry to record the return of merchandise from a customer would include what?
debit to sales
What should you include in a letter of explanation for late payments?
As an accounts payable manager for a large company, trust me your creditors don't want to hear why you can't pay, but only when you can. Give your creditor a reasonable date on which you will satisfy the account in full or, make payment arrangements, and stick with them!
What types of accounts are offered at Alliance and Leceister?
There are several types of accounts offered at Alliance and Leicester. Some of these include personal banking accounts, investments accounts, and credit card accounts.
What are the three accounting issues associated with accounts receivables?
Associated accounting issues include recognizing accounts receivable, valuing accounts receivable, and disposing of accounts receivable.
General ledger account?
There are several different accounts that are used in the general ledger. Some of these accounts include cash, accounts receivable, inventory, notes payable, accounts payable, and customer deposits.
Who are the primary stakeholders in a public company?
Primary stakeholders of a public company would include stock holders, investors, owners, creditors, suppliers and others whom have something to lose in the company. Primary stakeholders of a public company would include stock holders, investors, owners, creditors, suppliers and others whom have something to lose in the company.
Identify typical users of financial reports and their interests or needs?
The users of financial reports include present and potential investors, employees, lenders, suppliers and other trade creditors, customers, governments and their agencies and the public.
Examples of external stakeholders?
External stakeholders are individuals or groups outside of an organization who have an interest or influence in its operations and outcomes. Examples of external stakeholders include customers, suppliers, shareholders, government agencies, non-governmental organizations, and the local community.
Do you list a landlord on the list of creditors in a bankruptcy?
You do if you owe him money. You must include ALL creditors.
What is slept analysis?
There are certain specific and general factors influencing the operations of a business . The important specific factors affecting business are customers,creditors and suppliers. The general factors include Social, Legal, Economical,Political,and Technological (SLEPT) factors.
What are the primary stakeholders?
"Primary Stakeholder" or "Key Stakeholder" who are directly impacted by the project or initiative in question. The primary stakeholders for any publicly traded company would include stockholders, investors, owners, creditors, suppliers, and anyone and everyone that has something to lose in the company.
What type of inventory accounts would be used by a retailer?
A retailer would typically use several types of inventory accounts. These may include "Finished Goods Inventory" to track the products ready for sale, "Raw Materials Inventory" to monitor the materials used in production, "Work in Progress Inventory" to track partially completed products, and "Merchandise Inventory" to keep a record of goods purchased for resale. Additionally, there may be specific inventory accounts for perishable or seasonal items.
What do Credit report tell creditors?
Credit reports generally tell creditors about your current and past credit history. They include things like the amounts of credit extended, the highest balance that you held, current balances, how long the accounts have been active, if and when you were late on a payment,how late the payment was, etc. They can then use this information to determine the risks associated with lending you money.
Who are Dillard's suppliers?
Dillard's is a retail store that sells clothes and other items. Some suppliers include Jessica Simpson, Levi's, and COACH handbags.
Are there long tractor part suppliers near me?
Since I do not know where you live, I do not know if there are any tractor part suppliers in your area. Some suppliers include Long Parts, www.longparts.com/ and Draper Tractor Parts, www.drapertractorparts.com/.
What are some cheap gas suppliers?
There are many cheap gas suppliers. Some examples of cheap gas suppliers include Atmos Energy Marketing, Belden and Blake Corp, and Black Hills Energy Resources.
The entry to record the return of merchandise from a customer would include what?
debit to sales
