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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?
Wiki User
∙ 14y ago
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.
Wiki User
∙ 14y ago
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A travel charge card account may be cancelled if?
All of the aboveIt has been suspended two times during a 12-month period for undisputed amounts and is past due again (45 calendar days from the closing date on the statement of account in which the charge appeared)It is past due for undisputed amounts at 120 calendar days past the closing date on the statement of account in which the charge appearedThe travel charge card is used for other than authorized purchases and cancellation is approved by the A/OPC
A statement of money received and paid with a balance?
A statement of money received and paid with a balance is an account.
What is the meaning for account type DR?
The meaning of DR on an account is deposit received. This will show up on a person's statement when they have received money in their bank as a direct deposit.
For which answers may a GSA SmartPay 2 bank initiate cancellation?
The account has been suspended two times during a 12-month period for undisputed amounts and is past due again and/or The account is 120 calendar days past the billing date and suspension procedures have been met
What is the CASA statement?
CASA statement means 'Current Account, Saving Account Statement'.
What is an account statement?
An account statement is a record of transactions and their effect on bank account balances.
What is account statement?
An account statement is a record of transactions and their effect on bank account balances.
Does commission have a balance sheet or income statement account?
If commission is already received or paid then it is income statement item, but if it is still receivable or payable then it is balance sheet item, simple commission is a income statement item
Which part of the accounting equation does a sale on account effect?
by sale on account you mean goods sold to the costumer but the cash was not received immediately. the accounting equation for credit sales is to CR the revenue/sales/turnover in your income statement. DR the receivables account on the balance sheet. after the cash is received. CR the receivables account. DR the cash account.
What are the items of receipts and payments in bank reconcilation statement?
The items of receipts in a bank reconciliation statement include deposits made into the bank account, interest earned, and any other income received. The items of payments include checks written, electronic transfers made, bank fees deducted, and any other expenses incurred.
Is discount received a revenue?
credit.Yes it is an income. It will be posted in the credit side of the profit and loss account.Sales discount is not an expense account, but is also a deduction to an income statement. It is just a contra account of a revenue account particularly a sales revenue account.
Are the income a balance sheet account?
Income is an income statement account and shown in income statement and not a balance sheet account.
