no
That all depends on who you owe the money to. Petty cash is basically a small amount of cash that can be used by employees to buy miscellaneous goods such as girl scout cookies or that cleaner people always come to your office to try and sell. Once the money is taken, they have to deposit a slip of paper telling how much money was spent by who, and what did that money purchase. If you buy something small for the business or other employees with the money from petty cash, that IOU is part of petty cash. However, if you have an IOU (I Owe You) towards another business, it is considered to be an Account Payable because you purchased goods with money that you promise them within the next 30 or so days.
postage stamps are not considered cash or a cash equivalent. The reason is that stamps are not considered as liquid as cash because you can not demand cash payment for them.
A cash note is basically a form of an IOU. You make a written agreement with someone saying you will pay over time for the goods or services that you get from the other person. Popular cash notes are privately-held mortgages, annuities and structured settlements.
Yes. Cash in hand and cash in bank are classed as current assets.
Work done for 'cash in hand' is unrecorded and untaxed by the government.
If you lose the IOU, you must beat Harold again to get the IOU... If you accidentally lose it, just make sure to bring extra cash
A signed IOU can be legally binding. It can be enforced by the estate if needed.
That all depends on who you owe the money to. Petty cash is basically a small amount of cash that can be used by employees to buy miscellaneous goods such as girl scout cookies or that cleaner people always come to your office to try and sell. Once the money is taken, they have to deposit a slip of paper telling how much money was spent by who, and what did that money purchase. If you buy something small for the business or other employees with the money from petty cash, that IOU is part of petty cash. However, if you have an IOU (I Owe You) towards another business, it is considered to be an Account Payable because you purchased goods with money that you promise them within the next 30 or so days.
Meteor does not offer an IOU service.
Even as IOU was created in 1942.
Iou Kuroda was born in 1971.
postage stamps are not considered cash or a cash equivalent. The reason is that stamps are not considered as liquid as cash because you can not demand cash payment for them.
What is the iou number for t-mobile
Yes, and if properly executed and witnessed it could be considered a legally binding contract.
Text 468 'remove IOU' and that will work :)
IOU is a signed document acknowledging a debt. Process this verbally, then you have: I owe you.
A cash note is basically a form of an IOU. You make a written agreement with someone saying you will pay over time for the goods or services that you get from the other person. Popular cash notes are privately-held mortgages, annuities and structured settlements.