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banks, investors and vendors
Forrest Pfeffer
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How is asset protection trust properly defined?
An asset protection trust is a trust which holds assets to protect them from creditors. It is used when one wishes to settle with creditors and protect his assets from seizure.
In Alabama is it legal for creditors to contact a debtor on a Sunday?
Yes. The FDCPA does not prevent creditors/collectors from contacting a debtor on Sundays or holidays. Collectors cannot contact the debtor at unusual times, for example 3 A.M, or call excessively. The definition of "excessively" is broadly defined.
Examples of creditors ledger and a creditors journal?
creditors journal
What is creditors circularization?
creditors' circulization
Can creditors account have debit balance?
creditors have debit balances as advances receive from creditors..........
What does a creditors clerk do?
duties of a creditors clerk
Why a business need creditors?
Why a business have creditors
How can we calculate creditors payment period?
Average Creditors / Credit purchases = '?' x 360 = '?' ex. Average Creditors / Credit purchases = 50 000 / 120 000 x 360 = 0.4166 x 360 = 41.7 (average creditors = Creditors at the biginning of the year + creditors at the end of the year divided by 2) Average Creditors / Credit purchases = '?' x 360 = '?' ex. Average Creditors / Credit purchases = 50 000 / 120 000 x 360 = 0.4166 x 360 = 41.7 (average creditors = Creditors at the biginning of the year + creditors at the end of the year divided by 2)
How do you get your creditors list?
You can get a list of your creditors by checking your credit report. Most of all creditors will report to the agencies and will have a record.
How can pass sundry creditors journal entry?
Purchases A/c -Dr 5000 To Sundry Creditors 5000
What meant by sundry creditors?
When amount from more than one small creditors are join and shown together it is called sundry creditors.
Who is called sundry creditors?
When company purchases materials from different vendors on credit, those combined creditors are called sundry creditors.
