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What is a sentence with obligation?

There is no obligation to leave a tip in a restaurant, if you received bad service.


Does a life insurance have to prove that premiums were not paid?

No. How can they prove that nothing was received, if nothing was received? The person who was supposed to pay for the policy should have cancelled checks or bank statements indicating that premiums were paid.


What accounts affected in received payment on account?

"what accounts are affected and how when a payment on account is received from a customer


What are the ratings and certificates for Contractual Obligation - 2009?

Contractual Obligation - 2009 is rated/received certificates of: USA:PG-13


Do you pay taxes if you are on disability and received a 1099?

It depends on how the premiums for the disability insurance were paid.


Why is unearned revenue a liability instead of a revenue account?

Unearned revenue accounts represent the amount of cash received before services are provided. Since services have not been provided yet, it is not revenue. (It represents the obligation for future services in order for the revenue to be earned.)


In CA will a speeding ticket received in a commercial vehicle affect your personal auto insurance premiums?

Yes


What are the different theories of political obligation?

Some of the main theories of political obligation include natural duty theory (belief in inherent duties to obey authority), gratitude theory (obligation based on benefits received from the state), associative obligation theory (obligation derived from shared community membership), and fairness theory (obligation based on reciprocity and fairness in social contracts).


What is uncollected premium?

Premiums not yet received by the insurance company. However, to carry the uncollected premiums as an asset on the insurance company's books, the premium must also be due. The due and uncollected premium asset can include premiums that are unpaid for upto 90 days (3 months).


How do you enter rent received and rent receivable in accounts?

Journal Entry for Rent Received:[Debit] Rent Received[Credit] Cash/bankJournal entry for rent receivable[Debit] Accounts Receivable[Credit] Rent Receivable


What is an increase in Accounts Payable?

An increase in Accounts Payable means that the company has received more invoices that are due for payment.


When services are rendered but payment is not made which account would be increased?

Accounts payable