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By paying the total amount that has to be paid back from retailers to debt collectors.
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∙ 11y ago
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What is debtors method?
It is related to "control" the accounts of debtors for some purposes.
Provision for discount on debtors and provision for discount on creditors?
a provision is set up to give discounts to debtors who settle accounts early. as the company are not receiving the full debt they have a provision in place in this eventuality. This is seen as an expense to the business and brings the amount the debtors down. In other words dr P&L and Cr debtors in balance sheet
Accounts Payable represents amounts owed to debtors True False?
False, Accounts payable represents the amount payable to creditors rather debtors which is called accounts receivable.
Where did debtors seeking economic freedom settle?
somewhere
What do you have to do to get your father's house put into your name if he passed without a will?
Open an estate with the probate court. You will then be able to settle all open accounts and satisfy the debtors and then divide the remaining assets of the estate.
What is journal entry for allowances to debtors?
[Debit] Allowance for debtors account [Credit] Accounts receivable account
What type of account is debtors account?
Accounts Payable.
What colony did the debtors settle a?
In the thirteen colonies the debtors settled in Georgia.
What trade debtors?
Trade Debtors or Sundary debtors or accounts receivable is the person(s) to whom you sold goods on credit and agreed to receive payment in future.
Can debtors garnished bank accounts of disabled in Texas?
ksxncx
What is debtors clerk?
It is the one who manages or recording the customer accounts.
Debtor control accounts?
in the ledger all debtors on 1!
