answersLogoWhite

0

What else can I help you with?

Related Questions

Importance of financial statements for creditors?

Importance of Financial statements are declarations of information in financial terms about an enterprise that are believed to be fair and accurate. They describe certain attributes of the enterprise that are important for decision makers, particularly investors (owners) and creditors.


What is the importance of an individual voluntary agreement?

The importance of an individual voluntary agreement is that it protects you from bankruptcy. If 75% of the creditors agree with your plan, the remaining have to follow the plan in law.


Importance of accounting information to government?

shareholders,creditors,suppliers,managers,investors,public and customers need accounting information for?


Examples of creditors ledger and a creditors journal?

creditors journal


What is creditors circularization?

creditors' circulization


Can creditors account have debit balance?

creditors have debit balances as advances receive from creditors..........


What does a creditors clerk do?

duties of a creditors clerk


Why a business need creditors?

Why a business have creditors


What is the length of time creditors have to file for a claim against you after repossession in Pennsylvania?

It varies from state to state, but in your case about 10 to 14 days. Its time of process is counted on importance.


How can we calculate creditors payment period?

Average Creditors / Credit purchases = '?' x 360 = '?' ex. Average Creditors / Credit purchases = 50 000 / 120 000 x 360 = 0.4166 x 360 = 41.7 (average creditors = Creditors at the biginning of the year + creditors at the end of the year divided by 2) Average Creditors / Credit purchases = '?' x 360 = '?' ex. Average Creditors / Credit purchases = 50 000 / 120 000 x 360 = 0.4166 x 360 = 41.7 (average creditors = Creditors at the biginning of the year + creditors at the end of the year divided by 2)


How do you get your creditors list?

You can get a list of your creditors by checking your credit report. Most of all creditors will report to the agencies and will have a record.


What does creditors have better memories than debtors?

The phrase "creditors have better memories than debtors" suggests that creditors are more likely to remember the debts owed to them, while debtors may forget or overlook their obligations. This reflects the inherent power dynamics in financial relationships, where creditors are motivated to keep track of unpaid debts to ensure repayment. In contrast, debtors may focus on their immediate financial pressures, leading to a lack of awareness about their outstanding liabilities. Ultimately, this highlights the importance of accountability and record-keeping in managing financial responsibilities.