0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
Does credit from supplier decrease account payable account?
No, it increases the liability account.
Is Investment Account a Real Account?
it is a personal account
What do you debit and credit for purchase returns?
Debit the supplier Credit the Purchases Returns account
Is bank account perosnal account?
yes bank account is personal account
Is loan account real nominal or personal?
Loan account is a personal account in nature so increase with debit and decrease with credit.
Why is personal account for a supplier kept?
[object Object]
Does credit from supplier decrease account payable account?
No, it increases the liability account.
What free features would be included with Suntrust personal banking?
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.
Is capital account is personal account or real account?
Capital account as well as Drawings account are Personal accounts !!!
Your friend got a message from a supplier that her check says it's closed account however my friend's account is not closed and is wondering what happend to that check?
Your friend should phone, or visit, her bank branch. Only they can say why the supplier thinks that the account is closed.
When a supplier makes a downward adjustment in the amount owed by a creditor the creditor will?
increase the amount of the account payable to the supplier, and decrease an asset such as inventory.
Is Investment Account a Real Account?
it is a personal account
Is investment account real account?
it is a personal account
Is bank account is real account or personal 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....
I am German and live in Venezuela. Can I open an account in currency venez.BsF and you pay my supplier in USS?
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
What type of account is capital?
Personal account
What do you debit and credit for purchase returns?
Debit the supplier Credit the Purchases Returns account
