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Creditor Allowance Journal's source document?

what is the reason businesses record into creditors allowances journal


What is importance of pattern allowance?

pattern allowance is needed as it gives shrinkage allowance, machining allowance,draft allowance,shaking allowance and distortion allowance.


What is debtors allowance?

Debtors allowance refers to a reduction in the amount owed by a debtor, often granted by a creditor in response to financial hardship or as part of a negotiated settlement. This allowance may take the form of a discount, forgiveness of part of the debt, or an extension of payment terms. It helps debtors manage their obligations while allowing creditors to recover some of the owed amount. Such arrangements are commonly seen in business transactions and financial negotiations.


Examples of creditors ledger and a creditors journal?

creditors journal


What is creditors circularization?

creditors' circulization


What is the abbreviation of allowance?

Abbreviation of 'Allowance' is Allwnce.


Can creditors account have debit balance?

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


Can you give me a sentence with the word allowance?

I want allowance because I do chores OR I deserve allowance because I do chores OR I want my allowance now because I want to go shopping


What does a creditors clerk do?

duties of a creditors clerk


Why a business need creditors?

Why a business have creditors


What is the federal mileage allowance for a contractor?

Mileage allowance


Is allowance a compound word?

Allowance is not a compound word.