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Account Recieveable: It is the person to whom you sale goods on credit and amount is recieveble to some future time
Account Payable: It is the person from which you purchased goods on credit and agreed to pay in future.
Accounting Entries:
Account Recieveable:
When good sold on credit
Accounts recieveable
Sales
When receive the amount
Cash/Cash Equivalent
Accounts Recieveable
Accounts Payable:
When goods purchased on credit
Purchases
Accounts payble
When payment made
Accounts payble
cash/cash equivalent
What else can I help you with?
How would you define the type of atom to account for isotopes?
You dont
Define Statement of Accounts?
The transactions history of a person's bank account.
Define work by force account contract?
Force Account work is work performed under contract that is billed as time and material
Define current account deficit?
A current account deficit refers to a situation whereby a country imports more than they export.
Do you need an account to play coop on minecraft xbox 360?
Yes you will need a single normal account. when you have signed in the first account the second player can log in as a guest and it will make a second version of the first account with the difference if a (1) so you can define between the characters.
Define current account and call account?
Current Account is an all-in-one transactional account for your day-to-day business banking needs. Call accounts are ideal for funds you may need in the near future, as they combine easy access to your funds with competitive interest rates.
Define system in a management aspect?
Systems, particularly in relevance with the field of management human organizations are taken into account as systems.
Define current account?
Current account is defined as the sum of the balance of trade, net current transfers, and net income from abroad. The balance of trade is services and goods exports less imports.
Define inward clearing?
Inward clearing refers to the checks drawn by a bank client on their account in favor of other parties. The accounts of the check issuer is debited to the account and the payment is made to the bank.
Why do we have passwords and user-names?
A username define a particular person (or group) who uses a website or program. The password prevents unauthorized individuals from accessing that account.
How would one define the word described?
It is difficult to define the word described as it is a descriptive word itself. The best way to try to define it is to give an account of words that include all the relevant qualities, events and characteristics.
What does the word define mean in spanish?
definir - to define defino - I define defines - you (singular, informal) define define - you (singular, formal) define, he/she defines definimos - we define defineis - you (plural, informal) define definen - you (plural, formal)/ they define.
