Ask your attorney or call the court house for the correct answer before you share accounts.
revenue accounts increase by credit
Increase in accounts payable means increase in cash as if cash was paid there was no increase in accounts payable but as no payment done it saves the cash and causes the increase in actual cash.
If increased sales are all on credit then it will also increase the accounts receivable as well.
Increase in accounts receivable causes the reduction in cash because if sales are made on cash then there is no increase in accounts receivable and company receives cash which causes the increase in cash while accounts receivable not.
No. (The answer is the same whether the father is the obligor/non-custodial parent or obligee/custodial parent.)
To increase the balance in an accounts payable ledger you credit the account.
An increase in Accounts Payable means that the company has received more invoices that are due for payment.
If the custodial parent agreed to deviate from the original child support amount, she can increase it back to the original amount if there is a court order. In additional, the non-custodial parent may have to pay back child support for the time when he paid less.
payment to account payble has increase
Income Accounts (aka Revenue) are accounts that show the amount of money a company is bringing in by supplying a goods or service. An Increase in these accounts would mean that the business is at least there is cash flowing into the company.
An increase in Accounts Payable means that the company has received more invoices that are due for payment. account payable increase on trial balance.When an item is purchased on credit accounts payable increases. For example if you purchase something for $250 on credit this is the entry to increase accounts payable. Purchases 250 Accounts Payable.
whar is the cost of living in maryland, I want to ask for a cost of living expense increase. I am paid 53,000 now.