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Why are there two open accounts for macysdsnb on my credit report but i have never had a macy's card Could it be because my mother had my name as being able to use her Hecht's card a long time ago?
Wiki User
∙ 9y ago
If you check your credit reports and find one or more accounts open for a credit card that you have never had, notify the credit bureau and the credit card company immediately. It may be a case of mistaken identity, it may have to do with your mother's account, but it also could be a case of identity theft.
Wiki User
∙ 9y ago
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What is the difference between Accounts Payable and Accounts Receivable?
Accounts payable are amounts a company owes because it purchased goods or services on credit from a supplier or vendor. Accounts receivable are amounts a company has a right to collect because it sold goods or services on credit to a customer. Accounts payable are liabilities. Accounts receivable are assets.
Is Accounts Payable considered a debit on the Trial Balance?
No, it is a Credit because Accounts payable is a Liability account.
Is Revenue accounts increase by credit or debit?
revenue accounts increase by credit
Is a decrease in accounts receivable debit or credit?
A Credit entry reduces Accounts Receivable
If accounts receivable stays the same and credit sales go up what happens?
can't happen man. When u sell on credit accounts receivable have to go up because you are getting paid in the future.
What is the difference between Accounts Payable and Accounts Receivable?
Accounts payable are amounts a company owes because it purchased goods or services on credit from a supplier or vendor. Accounts receivable are amounts a company has a right to collect because it sold goods or services on credit to a customer. Accounts payable are liabilities. Accounts receivable are assets.
Is Accounts Payable considered a debit on the Trial Balance?
No, it is a Credit because Accounts payable is a Liability account.
What are the 3 categories of consumer credit?
The three types of accounts on a consumer credit report are installment accounts, revolving credit and open accounts. Credit cards are considered revolving accounts.
Why is accounts receivable an assit?
Because accounts receivable is that amount which is receivable from customer due to sales of goods on credit.
Is Revenue accounts increase by credit or debit?
revenue accounts increase by credit
Is a decrease in accounts receivable debit or credit?
A Credit entry reduces Accounts Receivable
Is accounts payable a debit or credit?
Accounts Payable is the amount which is payable by company for the merchandise purchased by company but payment is due in future, as it is the liability of company so like all liability accounts it has credit balance as normal balance.
How are store credit accounts different from bank credit card accounts?
cuz ur stupid
Is it possible to get a bad credit history from being denied a credit card because you did not have a credit history?
It is possible that you will show a low credit score if you have no other loans, credit cards, etc. You have to have revolving accounts or other accounts to establish credit. If you are having trouble getting a credit card you can try and get a secured credit card, or have a co-signer help sign with a application for credit.
If accounts receivable stays the same and credit sales go up what happens?
can't happen man. When u sell on credit accounts receivable have to go up because you are getting paid in the future.
What is the order of the accounts in preparing t accounts?
debit and credit
Are accounts payable a credit or debit?
Accounts Payable is a Liability and therefore its normal balance is a Credit on the Balance Sheet
