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What happens to over recoveries of invoiced amounts-list the process as well as accounts they need to be posted to?
A monthly reconciliation helps you identify any unusual transactions that might be ... To reconcile your accounts, compare your internal record of transactions and balances ... Make sure that your bank statements show an ending account balance that ... If the amounts don't match, you need an explanation for the difference.
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When a credit is posted to the accounts payable ledger what happens?
Accounts payable balance will increase
What happens when accounts receivable stays the same and credit sales go up?
the company is collecting accounts receivable amount equal to the increase in credit
Why does a decrease happen in Accounts Receivable?
Decrease in accounts receivable happens on the account of receipt of payments, discounts given, or bad debts written off.
What happens to bank accounts after a spouse dies in Georgia?
Funds are transferred to the surviving spouse
Is accounts payable a debit or a credit on a trial balance?
Accounts payable's normal entry is credit. when it is at the debit side it could mean: reversal of accounts payable which happens at the end of accounting period, or return of merchandise purchased, or overstatement of purchased merchandise.
What happens to over recoveries of invoiced amounts?
Ethically speaking has to be paid back.
What happens if you dont create two accounts on webkinz?
Ummm.... why WOULD you have two accounts? Nothing happens if you don't have two.
When a credit is posted to the accounts payable ledger what happens?
Accounts payable balance will increase
What happens to accounts when deceased person's family doesn't claim?
Any abandoned accounts will be eventually turned over to the state.
What happens when your username and Password expires on wolfquest?
WolfQuest accounts do not expire.
What happens if an accountant does not use concepts and conventions in the preparations of accounts?
they get the answer wrong
I have couple of Bank accounts in US My wife is the nominee for that account. What happens if both me and my wife die?
The bank accounts become a part of the estate.
What happens when accounts receivable stays the same and credit sales go up?
the company is collecting accounts receivable amount equal to the increase in credit
Why does a decrease happen in Accounts Receivable?
Decrease in accounts receivable happens on the account of receipt of payments, discounts given, or bad debts written off.
What happens when an a- bomb goes off and your in the area?
Read the book Hiroshima. It will tell you real life accounts of what happens, and it is a good book.
What is a touch - back?
when a team recovers a ball from their opponent in their own endzone, the team has the option to take the ball out and attempt to advance it or stay in the endzone resulting in an automatic advancement to the 20yd line. This happens commonly on kickoffs, interceptions and fumble recoveries.
What happens to bank accounts after a spouse dies in Georgia?
Funds are transferred to the surviving spouse
