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Cash received as PROMPT payment under 310 Net 30 terms would be posted in the what accounts.?
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What Are The Steps To Accounts Payable?
The Accounts payable process starts with the Invoice processing it is the first step for the Accounts payble, after that we have the steps like Assign approver, Reverse and clear the Invoice (Which is wrongly posted), Reconcilation for the vendors, Payment to vendors.
What does it mean when something usually will be shipped within one business day after receiving cleared payment?
It means that whatever you have ordered will not be posted until payment has been received and you have enough in your account to cover the cost.
When a credit is posted to the accounts payable ledger what happens?
Accounts payable balance will increase
Are The amount charged for a good or service provided to a customer on account is posted to a revenue account only after the payment is received?
I've got the same question. It's from a Connect homework problem.
What data will you need to prepare a accounts receivable aging report?
While examining the aging of accounts report, Ann notices the account for Michael Drifter has not has a payment posted for 90 days. Ann pulls Mr. Drifter's Chart and finds the personal data sheet to be lacking important contact information.
What Are The Steps To Accounts Payable?
The Accounts payable process starts with the Invoice processing it is the first step for the Accounts payble, after that we have the steps like Assign approver, Reverse and clear the Invoice (Which is wrongly posted), Reconcilation for the vendors, Payment to vendors.
If payment of the full amount of undisputed charges to your travel charge card bill is not received and posted by the bank 61 calendar days from the closing date on the statement of account what will?
An account may be suspended if payment of the full amount of undisputed charges is not received and posted by the bank 61 calendar days from the closing date on the statement of account.
What does it mean when something usually will be shipped within one business day after receiving cleared payment?
It means that whatever you have ordered will not be posted until payment has been received and you have enough in your account to cover the cost.
Drawings can be posted in cash payment journal?
no
When a credit is posted to the accounts payable ledger what happens?
Accounts payable balance will increase
Are The amount charged for a good or service provided to a customer on account is posted to a revenue account only after the payment is received?
I've got the same question. It's from a Connect homework problem.
Who can call child support agency concerning non payment?
The person not getting it, or the payer if a payment has not been posted.
What data will you need to prepare a accounts receivable aging report?
While examining the aging of accounts report, Ann notices the account for Michael Drifter has not has a payment posted for 90 days. Ann pulls Mr. Drifter's Chart and finds the personal data sheet to be lacking important contact information.
When is a schedule of accounts receivable prepared?
after all current entries are posted
In which journal would the payment of salaries be posted?
cial journal
How quickly will a payment post to your credit card account when you use visa online bill payment options?
a payment will post immediately to your account as long as it was posted before Friday at midnight. if you posted on Saturday it would take until monday morning to post to the account.
Where is discount received posted in the trial balance?
credit
