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Q: What is cash payment under indemnity principle?
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What is the journal entry for indemnity payment received?

debit cash / bankcredit indemnity income etc


What are the methods of providing indemnity?

Indemnity in insurance means the exact financial compensation. This can be provided by: 1. Cash payment 2. Repair 3. Replacement 4. Reinstatement For more information email to: KAEY.VEE@GMAIL.COM


What are the different methods of providing indemnity?

Indemnity in insurance means the exact financial compensation. This can be provided by: 1. Cash payment 2. Repair 3. Replacement 4. Reinstatement For more information email to: KAEY.VEE@GMAIL.COM


Payment by check or payment by cash?

cash payment limited for budget 2010-2011


What happens when cash is received in payment of an account?

Received cash from a customer as payment on account


Full dentures, Senior, cash payment! ?

It looks like you would like to get full dentures as a senior on a cash payment basis. I recommend contacting local dentists or denture clinics in your area to inquire about their pricing and payment options. Some offices may offer discounts for seniors or payment plans to help cover the cost of the dentures.


What is a cash access line on a credit card?

Most credit cards have an amount accesible as a cash advance. You can go to an ATM or other source and withdraw cash against your available credit. This increases the balance on the card and increases your payments. While this can be a useful feature, it's important to be aware that cash advances usually have a different and much higher interest rate than regular purchases and have the lowest priority in the payment application chain. That means that when you send your payment in, the payment will be applied to fees (if any), then purchase transaction interest, then purchase transaction principle, then cash advance interest and finally cash advance principle. Unless you are sending payments much higher than the minimum you never get to paying on the high rate cash advances.


If a company will not take your cash payment do you still owe the money?

Yes, but it's strange they won't take cash. Try to find out what form they want payment in, and then try to make payment that way. If cash is the only way you can do it, call them and ask how to make a payment in cash.


What is the journal entry for down payment of cash?

[Debit] Down payment xxxx [Credit] cash xxxx


What is an outflow of cash profitable operations the sale of equipment the sale of the company's common stock or the payment of cash dividends?

the payment of cash dividends


What is the definition of a cash payment?

The definition of a cash payment is a form of liquid funds that is given by a consumer to service and goods providers in return for receiving them. You can learn more about cash payment at the Business Dictionary website.


What are the advantages of cash payment?

There are many advantages of cash payment. First off, cash is the most common form of payment around the world. One does not need to know any other information such as a pin number to use cash. Cash is easy to carry and has no fees for use.