answersLogoWhite

0

What else can I help you with?

Continue Learning about Accounting

What is meant by payment term DA 90 days from BL?

The payment term "DA 90 days from BL" stands for "Documents Against Acceptance," where the buyer agrees to pay for goods within 90 days of the Bill of Lading (BL) date. This means that the seller will present the shipping documents to the buyer's bank, and the buyer must accept the documents, committing to pay the specified amount within the 90-day period. This arrangement allows the buyer some time to generate cash flow from the purchased goods before making the payment.


What occurs when various copies of data agrees?

Data consistency


What is the statute of limitations for state taxes owed in Georgia?

In Georgia, the statute of limitations for the collection of state taxes owed is generally three years from the date the tax return was filed. However, if a return was not filed or if the taxpayer filed a fraudulent return, there is no statute of limitations, allowing the state to pursue collection indefinitely. Additionally, if a taxpayer agrees to a payment plan or extension, the statute may be extended. It's important for taxpayers to be aware of these timelines to avoid potential complications.


What is accounts payable balance sheet?

Accounts payable on the balance sheet is the amount of money the company owes its vendors from invoices the company has received from them (and assuming the company agrees they owe the money)


What types of merchant fees does Amex charge?

Amex merchant fees can change based on exclusivity (where a merchant agrees to accept only Amex) or different markets. The fees tend to hover around 2.8% on average.

Related Questions

What is an indentured?

An indentured servant is a person who agrees to work for another person without pay for a certain length of time.!!


What is a description of an annuity?

the insured agrees to make a lum-sum payment or series of payments to an insurance company


Which of the following is a description of an annuity?

the insured agrees to make a lump-sum payment or series of payments to an insurance company...


Who agrees to pay for certain types of losses in exchange for payments on a policy?

insurer


Do you agrees that without true values society could not survive?

sikret


WHAT IS THE Consent of surety company for final payment?

The consent of surety to final payment is issued by the surety company at the end of a project. The consent states that the owner reserves their right under the bond and the surety company agrees the final payment will not relieve them of any of its obligations.


What is consent of surety final payment from bond?

The consent of surety to final payment is issued by the surety company at the end of a project. The consent states that the owner reserves their right under the bond and the surety company agrees the final payment will not relieve them of any of its obligations.


Are nuclear bombs illegal?

No, only certain ways of testing them and only if a country agrees to the terms of that treaty.


When a buyer agrees to buy and the seller agrees to sell they both sign a contract called?

When a buyer agrees to buy and the seller agrees to sell, they both sign a contract called a purchase agreement or sales agreement. This legally binding document outlines the terms and conditions of the transaction, including the price, payment methods, and delivery details. It serves to protect the interests of both parties and ensures that the terms are clear and enforceable.


What is a gross lease?

A property lease in which tenants just pay rent. Landlord agrees to pay all expenses normally associated with ownership, such as taxes, insurance, & maintenance.


Can you pay someone else's taxes on their behalf?

Yes, it is possible to pay someone else's taxes on their behalf. This can be done by writing a check or making a payment online using the taxpayer's information. However, it is important to ensure that the payment is properly documented and that the taxpayer is aware of and agrees to the payment being made on their behalf.


Difference between simple mortgage and English mortgage?

In a simple mortgage,the mortgagor without delivering possession of the mortgaged property binds himself personally to pay the mortgage money and agrees expressly or impliedly that if he fails to pay the debt and interest in terms of the mortgaged deed, the property will be sold and the proceeds applied in payment to the mortgaged money.In an English mortgage,a mortgagor binds himself to repay the mortgaged money on certain date and transfers the mortgaged property absolutely to the mortgagee subject to the provision that he will re-transfer it to the mortgagor upon payment of the mortgaged money as agreed.