duties of a creditors clerk
creditors journal
creditors have debit balances as advances receive from creditors..........
Purchases A/c -Dr 5000 To Sundry Creditors 5000
When company purchases materials from different vendors on credit, those combined creditors are called sundry creditors.
When amount from more than one small creditors are join and shown together it is called sundry creditors.
bEING A SENIOR EXECUTIVE
creditors journal
creditors' circulization
creditors have debit balances as advances receive from creditors..........
Why a business have creditors
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)
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.
Purchases A/c -Dr 5000 To Sundry Creditors 5000
When company purchases materials from different vendors on credit, those combined creditors are called sundry creditors.
When amount from more than one small creditors are join and shown together it is called sundry creditors.
A Chapter 7 bankruptcy case typically lasts between three and four months. Once the case is filed, there is a meeting of creditors (known as the 341 meeting) approximately 30-40 days after the case is filed. After the meeting, creditors have approximately 60 days to file objections or adversarial complaints to the debtor's discharge. Once that time frame has expired, the Clerk of the US Bankruptcy Court will send the Discharge Order to all creditors, to the debtor and to the debtor's attorney.
if the creditors are not paid in time.