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assets are what the business owned and liabilities are what the business owe.
Sundry Debtors are from whom we have to take money and to sundry creditors we owe money.
Sundry Debtors are from whom we have to take money and to sundry creditors we owe money.
See my answer to post on "collections after 1099c???" Do you mean owe the difference to a creditor? Answer no 1099c is a confirmation that a debt has been canceled by the creditor. No further obligation of repayment by debtor is expected or can be requested. This may be income to you according to the IRS whom also gets a copy of the 1099c.
If the amount of the refund is more than the amount of the penalties, you will get a check for the difference. Otherwise, no.
a bill is what you owe and a receipt is what you gave.
If it is repossessed, you will owe the difference between the loan amount and what they sell the vehicle for.
assets are what the business owned and liabilities are what the business owe.
A debt is something you owe someone, a loan is something you borrow
YES, she will owe the remaining balance after it is sold.
You will generally owe the difference between the outstanding balance on the loan and what they were able to sell the car for.
The difference between the sale price & loan balance is what they will bill you for.
Difference between loan disbursed and loan outstanding; the unpaid remainder that you still owe.
credit is money and dept is where you owe someone or the bank alot of money did this help you?
It is different from regular insurance because it covers you for the difference between your car's value, and what you owe on it if you have an accident that totals the car, or the vehicle is stolen. If you are making payments on the vehicle, and you owe more than its value, your GAP insurance will cover the difference.
Sundry Debtors are from whom we have to take money and to sundry creditors we owe money.
Sundry Debtors are from whom we have to take money and to sundry creditors we owe money.