It is considered an expense on the Income Statement, which should be allocated to "Professional Fees" or "Accounting and Legal Fees"
cite the law that prevents a company from reporting to a credit agency while that item is in litigation?
I avoided the confrontation so as to avoid the possibility of resultant litigation. The Sioux Nation is NOT a litigation nation. Judge Judy's courtroom could be called a litigation station.
A business should get commercial liability insurance because it protect the company from litigation costs. Litigation cost can drain a company cash reserves in a heartbeat of cause bankruptcy.
Account payable is an account that is a Liability (current). When a person or company owes another company money on account, that is an account payable.
The company Protiviti is a business consulting company. Services provided by Protiviti include Business Performance Improvement, Restructuring and Litigation and IT Consulting. The company is a global company headquartered in Menlo Park, California.
The cash account in the company's ledger is Bank.
Account payable is a record of money your company owes to another company/person. Account receivable is a record of money owed to your company by another company/person.
For what company? Model ?
An account payable is a debt the company owes and maintains a credit balance, the impact on the account if a company pays the debt is a decrease in what the company owes or a decrease in the account payable. This means a debit will be added to the account to "decrease" the balance.
You can make the first withdrawal even 5 mins after your account is successfully created. Usually banks may take one or two working days to create your account. But once that is done, you are free to withdraw your money anytime. how can i withdraw from my American equity investment life insurance company?
You could purchase an extended warranty on your vehicle by the company that manufactures your car. You should be able to find a number for that company inside your car guide.
Yes, but it will be treated as a drawings account.