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Transfering to another department is not a means of clearing departmental accountable officers for official pecuniary liability.
The Certifying Officer shows that the investigation failed to prove negligence.
NOT is not a means of clearing a Departmental Accountable Official's pecuniary liability. The accountable official remains responsible for any financial discrepancies or liabilities even if the NOT is processed. NOT is a Notice of Transfer indicating a change in funds, but it does not absolve the official from financial responsibility.
The GST (Goods and Services Tax) clearing account is typically on the credit side of the accounting ledger when the tax is collected from customers and debit side where it is paid to the tax authorities. When a business collects GST from customers, it is collected as a liability until it is remitted to the tax authorities. The GST clearing account is used to track this liability until the payment is made to the government. Once the GST is remitted, the balance in the clearing account decreases, and the liability is cleared.
An acquittance is the clearing off of debt or obligation, or a release from debt or other liability.
It might either be an asset or liability depending on what type of account information it holds e.g. if it holds a payable information like mortgage approved that await transfer then it is a liability, else for accounts like escrow where in payment is deposited but will be transferred to certain identified GL accounts post approvals, it is treated as a Asset.
Net worth is the remaining amount after clearing all assets and liabilities and then net worth is that amount business is liable to return back to it's owner.
The past progressive tense of "cleared" is "was clearing" or "were clearing," depending on the subject. For example: "I was clearing the table" or "They were clearing the path."
what is special clearing
An individual cannot open an account with Pershing Limited Liability Corporation (or L L C ) . One will have to go through their broker.They do not list the proprietary information of who they deal with. One will have to ask their investment adviser or broker where the security/asset is held.This is because they are considered a clearing house.Clearing houses do not deal with clients. Clearing house, (or Clearing Corporations) only deal with broker houses.
I have a 9 acre lot in Riverside Cal. and I need to hire some help to clear the lot off. It has a great deal of trash and junk left on it from the previous owners. I need liability insurance for my hired workers for about a year , and then I will begin to bu8ild on the lot . manuellopezjr1.1@sbcglobal.net
inventory clearing