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No, bills payables is not a real account but it is a personal account .My answer:Bills receivable is a real account. Bills receivable for one person is bills payble for another person. The same instrument cannot be Real for one person and personal for another. Hence, in my opinion Bills payable is also a real account.
At the end of the month you do a checkbook reconciliation in order to balance your checkbook to ensure that the balance agrees with what the bank says is in your account. You do this by totaling all the checks you wrote for the month, along with any charges the bank has levied such as the cost of writing the checks etc, and deducting them from the previous month's balance. Then you add up all your deposits for the same period, and your checkbook balance should agree with what the bank says you now have in your account. Checks are fast becoming obsolete for most people as they move to on-line banking and are paying their bills electronically.
The short versiion... bills that aresubmitted to a bank from another bank for collection and payment.
An accepting house is an institution specializing in the acceptance and guarantee of bills of exchange.
Sister Bills are when the sister dies in the family and The Other sisters have to Pay Bills.
No. They are liable if they are the party that accepted the responsibility for the medical bills that are coming due.
The person who propose the bills is the legislative branch meaning the 435 Representatives and the 2 senators at reach at each state. Equals 100senators
No, bills payables is not a real account but it is a personal account .My answer:Bills receivable is a real account. Bills receivable for one person is bills payble for another person. The same instrument cannot be Real for one person and personal for another. Hence, in my opinion Bills payable is also a real account.
you have to prepare an invoice that needs to be presented to the executor of the dead persons estate.
The insurers of the driver who was deemed to be at fault for the accident.
Private bills.
At the end of the month you do a checkbook reconciliation in order to balance your checkbook to ensure that the balance agrees with what the bank says is in your account. You do this by totaling all the checks you wrote for the month, along with any charges the bank has levied such as the cost of writing the checks etc, and deducting them from the previous month's balance. Then you add up all your deposits for the same period, and your checkbook balance should agree with what the bank says you now have in your account. Checks are fast becoming obsolete for most people as they move to on-line banking and are paying their bills electronically.
A relationship where one person acts for the benefit and with the authority of another is known as a fiduciary relationship. This type of relationship involves a high level of trust, care, and responsibility towards the other person's interests.
You use it in cooking, measuring drapes, rugs, checkbook, budget, taxes, going to the store and shopping, making change, paying bills, pay checks and banking.
Another term for monthly bills could be expenses or regular payments.
QuickBooks is a computer program used by business to run and manage their finances. It keeps track of all invoices, bills and your checkbook. You can even print checks using this software.
The legal guardians are responsible for a 17 year old unemancipated minor, unless the bills are the result of injury caused by another, in which case the courts may deem that this person(s) are responsible for medical bills.