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A supplier's personal account is found in the Accounts Payable ledger, which is part of the general ledger. This account records all transactions related to purchases made on credit, tracking amounts owed to suppliers. It helps businesses manage their liabilities and ensure timely payments to suppliers.
No, it increases the liability account.
Examples of personal information that should be kept confidential and secure include social security numbers, financial account information, medical records, and passwords.
For each of Suntrust's personal bank accounts, the account maintenance is free as long as a certain balance is kept in the account. The balance amount varies depending on the particular account. The free account maintenance includes ATM withdrawal fees.
Your friend should phone, or visit, her bank branch. Only they can say why the supplier thinks that the account is closed.
Capital account as well as Drawings account are Personal accounts !!!
increase the amount of the account payable to the supplier, and decrease an asset such as inventory.
I will pay my supplier in BsF Bolivares fuerte from Venezuela because there are too many problems with the conversation rate. Official rate is 2,15 BsF 1 USS.I want to open an account with your Banker - transfer Bolivares to your account that you will change in USS to pay my supplier. Is that possible. And where can I open an account? Do you have correspondence bank in Isla de Margarita or Caracas
it is a personal account
it is a personal account
Debit the supplier Credit the Purchases Returns account
see first tell me wat is bank overdraft..... its is real or personal... ans.personal...every bank a/c is personal a/c.. and though bank is payable or receivable its is personal a/c only....