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Is it legal to withhold paying for acrued personal time off PTO if an employee has been terminated?
Wiki User
∙ 9y ago
It is legal to withhold paying for accrued personal time off called PTO if an employee has been terminated. Termination of employment will cause an employee to lose vacation time and PTO time.
Wiki User
∙ 9y ago
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Formula of Accrued Receivable?
This is my adderstading of Acrued receivable is we have done a service for the clent but we did not yet receive the cash. but we can book it as a revenue. I need more detail answer.
Acrued revenues would appear on the balance sheet as what?
Accrued Revenues are those revenues which have earned by the company but not yet recieved. Accrued revenue is shown under current assets in balance sheet
What is the compound interest acrued on rs.12000 at the rate of 10 p.c p.a at the end of 3 years?
Since it's compound interest..End of year 1 = 12000 + 1200 = 13200End of year 2 = 13200 + 1320 = 14520End of year 3 = 14520 + 1452 = 15972
What should you do if there is a civil suit against you by Capital One for 1088 dollars for a credit card you had in 1999 but you've never received a bill because it was sent to your old address?
Not getting a bill is not an excuse to use in front of a Judge. You still had an obligation to pay and you should have updated your address when you moved. NOw if you got sued and were served at an incorrect address, you can use that as a defense. But all it does is buy you time. If you are liable for the underlying debt, you have to pay. You can argue ignorance of the suit due to a move to negotiate on the acrued interest rate.
Is rent collected in advance a temporary account?
The account that you would put this rent collection in is generaly called "Un-Earned Rent Revenue". At the end of the period, you have to close these accounts. So yes, it is a temporary account.A quick explanation why:- There are two main types of accounting:1. Accrual - expenses and revnues are recongisd when they ACTUALLY happen.2. Cash based - expenses and revenues are recognised when they are PAID.- Because of this there are "timing differences" which may occur, which can be classified as:1. Acrued revenue - rev. recognised BEFORE cash is received.2. Accrued expense - exp. recognised BEEFORE cash is paid.3. Deferred revenue - rev. recognised AFTER cash is received.4. Deferred expense - exp. recognised AFTER cash is paid.-In the case of our rent collected in advance, this is where you have collected the money for a service before you have given it. This unnearned revenue is a DEFERRED REVENUE which is a LIABILITY account.If you want more info - have a look at accountinginfo.com/study/accrual-101.htm
Do America and Israel need each other?
Christian fundamentalist Americans need Israel psychologically, as an affirmation of their belief that Christianity is the right way to worship God. So long as Israel exists, most American Christians think, it means that "Christianity is right." That America gets taxed just to feed Israel is just Muslim fundamentalist propaganda with no basis in actual facts. For one thing, the United States does not help anybody, just to be nice; it will only give money or military aid when there is an interest involved. The money that Israel receives, comes primarily from donations that come from Churches from across this country, some people donate so much, that the amount can total in the billions. That money, goes through the Israeli lobby in Washington D.C. whose real job is to manage those funds, they really serve no other function. No, they don't armtwist the president of the United States, no, they do not threaten him and no, they do not "control America." However what the Israeli lobby does do, is legal manipulation to turn money that should be a grant, into a loan. Money that well meaning Christians want to give Israel for free, the Israeli lobby legally manipulates so that in the international legal books, gets turned into lended money. For that reason many Israelis often despise American Jews, there is a general resentment because most Israelis blame American Jews for the economic straights Israel is in. See if American Jews were not stealing that money through acrued interest, from Israel being forced to pay it all back, Israel's economic situation would be different. All money that goes to Israel, even if you mean to simply give it away, not expecting them to pay it back, gets turned into a loan by the Israeli lobby in Washington. Untold millions are lost or stolen by those people every year. Because the Israeli lobby manipulates things so that technically its the U.S. government's money, Israel has to pay it back, or suffer the wratch of the U.S. military machine which holds a gun to the head of any country that does not pay back Uncle Sam. Again American Jews, in Israel they are not at all liked; now you know why. If you go to Israel, and can speak unaccented Hebrew, make it a POINT to speak ONLY Hebrew if you want to make friends. That Kosher tax thing? It makes the Rabbis who impose it rich, but none of that money goes to Israel. If it does, those people probably feed Israel only scraps.
