Correct Answer:
not affect total assets.
Accounts receivable is that portion of sales which are made on credit and money is agreed to be received in future that;s why accounts receivable is an asset of company and that's why not treated as a liability of company
decreases the liability.
Accounts receivable is that amount which is receivable in future and so it is an asset of company and that’s why like all assets it also has debit balance and shown in current assets portion of balance sheet.
unpaid portion of the subscribe stock
Original creditors sale their accounts to collection agencies when the account has been past due and they have not effectively collected. At that time, the original creditor will charge off the balance from their accounts receivable and turn the account over to a collection agency. When the collection agency collects the debt, a portion of the amount received is paid the the collection agency and the remainder is returned to the original creditor as profit.
The role of accounts receivable in a business is to determine the amount of money owned to the business or company by debtors. This account is in the asset portion on a balance sheet.
Accounts receivable is that portion of sales which are made on credit and money is agreed to be received in future that;s why accounts receivable is an asset of company and that's why not treated as a liability of company
decreases the liability.
Accounts receivable is that amount which is receivable in future and so it is an asset of company and that’s why like all assets it also has debit balance and shown in current assets portion of balance sheet.
unpaid portion of the subscribe stock
Original creditors sale their accounts to collection agencies when the account has been past due and they have not effectively collected. At that time, the original creditor will charge off the balance from their accounts receivable and turn the account over to a collection agency. When the collection agency collects the debt, a portion of the amount received is paid the the collection agency and the remainder is returned to the original creditor as profit.
The outer "receiving" portion of an intussusception is called the intussuscipiens;
Each month, the interest portion of the payment decreases and the principal portion of the payment increases. The interest decreases because the outstanding principal balance decreases each month as payments arev made. At the beginning of a loan, the interest portion of a payment is large and the principal is small. Towards the end of the loan, the interest portion is small and the principal portion is larger.
The breakdown of the principal payment in a loan refers to the portion of each payment that goes towards reducing the original amount borrowed.
To find the principal payment on a loan, subtract the interest payment from the total payment made each period. The principal payment is the portion of the payment that goes towards reducing the original loan amount.
For temporary employment services of a marketing assistant provided by a staffing agency, you would typically code the invoice to "Temporary Labor Expense" or "Contract Labor Expense" account in your company's chart of accounts. These accounts are used to track the cost of temporary staffing services separately from regular employee expenses. Additionally, you may also need to allocate a portion of the expense to specific marketing department accounts if the assistant's work is directly related to marketing activities.
a portion of the purchase price that is paid as a condition of getting a loan. In other words, it is the first payment in installment buying.