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A payable order is a financial instrument or document that instructs a bank or financial institution to pay a specified amount of money to a designated recipient. This order can take various forms, such as a check or a promissory note, and is typically used in transactions where one party owes money to another. The order must be properly signed and may include details like the payment amount, date, and payee information. Once issued, the recipient can present it to the bank for payment.
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What are dividend checks?
an order of payment (such as a check payable to a shareholder) in which a dividend is paid
What is a purchase order in accounts payable?
Purchase order is a formal request to vendor for purchase of units of items or inventory.
What can one do with an accounts payable clerk?
An accounts payable clerk is a position where one works in a specific division of an accounting department. An accounts payable clerk is the one that is responsible for making payments on behalf of the company one works for in order for payments to be made on time.
WHAT IS etd payable?
ETD payable = Employer Tax Deductions Payable
Difference between account payable and bills payable?
Accounts Payable releted to Creditors and Bills payable releted to bank.
What is a postal order?
It is a written order for the payment of a sum to a certain individual.It is obtainable and payable at a post office.
What is postal order?
It is a written order for the payment of a sum to a certain individual.It is obtainable and payable at a post office.
What are dividend checks?
an order of payment (such as a check payable to a shareholder) in which a dividend is paid
What is a purchase order in accounts payable?
Purchase order is a formal request to vendor for purchase of units of items or inventory.
What can one do with an accounts payable clerk?
An accounts payable clerk is a position where one works in a specific division of an accounting department. An accounts payable clerk is the one that is responsible for making payments on behalf of the company one works for in order for payments to be made on time.
To whom do I make the money order for my passport?
You should make the money order for your passport payable to the U.S. Department of State.
How can I make a check payable to someone else?
To make a check payable to someone else, write their name on the "Pay to the Order of" line on the check. Sign the check at the bottom to authorize the payment.
WHAT IS etd payable?
ETD payable = Employer Tax Deductions Payable
Difference between account payable and bills payable?
Accounts Payable releted to Creditors and Bills payable releted to bank.
How are a schedule of accounts payable prepared?
An accounts payable is a "Liability" account. Payable being the "key" word, meaning something you have to "Pay" or "Owe". ALL payable accounts are liabilities no matter what they are for. Whether it is a bill payable, mortgage payable, note payable, wages payable, etc, they are all listed as a liability. Rahul
Is salaries payable a liability?
Salaries payable is liability payable in future time period.
Does money order have to be made payable to someone when purchased?
Yes, a money order must be made payable to a specific person or entity when it is purchased. The purchaser fills out the "Pay to the Order of" section with the recipient's name, making it a secure method of payment. Once filled out, it can typically only be cashed or deposited by the designated payee.
