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Account receivables

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Q: Payments which are due to the company but which have not yet been collected is called what?
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Will a credit card company remove late payments from your account if you call them?

They can, but they don't have to. They usually will if you have had a good payment history with them in the past. If you have been late a lot, you can try to negotiate to pay off the debt to remove the late payments.You can also try and dispute the late payments to the credit bureaus. If they don't verify it with in 30 to 45 days, the late payments must be removed.


How do you compute terminal value in merge companies?

The fundamental set of assumptions, values, and ways of doing things that has been accepted by most of a company's members is called its


Revenues from credit sales may be earned before they are collected in cash do you agree?

Yes, if the product or service is rendered to the customer and said customer has not paid the amount, the revenue has been earned, not collected, to record this transaction you would Debit Accounts Receivable (to show that the service or product has been rendered) and Credit Revenue (income). Once payment is received, then to show money has been collected, you Debit Cash and Credit Accounts Receivable (you no longer have to touch your sales/revenue account as the amount is already listed as being earned).


What are the duties of an Bookkeeper?

A bookkeeper plays an important role to maintain the financial records for a company or for an organization. A bookkeeper must have detail-oriented skills that allow you to keep up with company expenditures, making payroll, tax requirements. The bookkeeper must have been known to all the accounting software because most of the companies use this software to report transactions, issue payments and balance accounts.


What does float balance mean on a earning statement?

Float Balance means the amount of funds represented by checks that have been issued but not yet collected.

Related questions

What should you do if a finance company returns your payments?

Perhaps your loan has been paid in full. Otherwise, call them and ask why they returned your payments.


Been in jail 9 months car in collection want to start making payments?

Contact the lending company.


How do you get a car back from repo?

If the car has not been sold you pay the back payments and any fees.BUTThe finance company does not have to allow this.


What type of policy is it certainty that the insurance company will have to make payment?

All policies pay only for the covered circumstances, and are subject to exclusions (which are important to understand). Assuming that the policy has been kept current, payments have been made, and the insurance company remains in business, most forms of insurance will receive their stipulated payments.


Are data that was collected for another purpose and was already collected?

Data that is collected may have been collected previously for some reason, or it might have been collected recently. Data is usually collected to show statistics or information about something specific.


You sent a check for your last 4 months of car payments The finance company sent you a release of lien then called to say the check had bounced They just repossessed your car - is that legal?

In effect, the car isn't paid off. If you check your documentation, you will find that they can do that. If the cheque bounced, the payments haven't been made.


Techniques used to summarize organize and present data that have been collected are called?

Data Gathering and Representation Techniques


How long have consistent weather measurements been collected?

how long have consistent weather measurements been collected?


My husband died a year ago. Can the finance company repossessed my deceased husband's vehicle although I have been making timely monthly payments?

no


Which is correct It is already collected or It was already collected?

"It was already collected" is correct. This phrase indicates that the action of collecting occurred in the past.


What type of energy is collected from the sun?

The energy collected from the sun is called solar energy. The energy gets to the earth from the sun by radiation that has been affected by the earth's atmosphere.


When a person receives blood or a blood component that has been previously collected from that person through a reinfusion it is called?

Autologous donation and transfusion.