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What is corporate advance deposit?
An advance deposit is money you place with a retailer to put towards your final price. For corporations, this can be advances made on a corporate level, dealing with large numbers.
Is a customer deposit a current liability?
Yes, customer deposits is that amount which is received in advance for the services in future.
A demand deposit is an account in a commercial bank on which checks can be written and from which money can be withdrawn without any advance notice.?
monetary policy
State three possible reasons why a debtor's account might have a credit balance?
Overpayment Payment in advance Credit note issued Deposit received
Is Utility deposit considered accounts payable?
No, generally a utility deposit is not a payable. On the rare chance that the company allows you to "make payments" on the deposit, until it is paid, the it would be a payable, however, that generally is not the case. A utility deposit is generally required as a "security" deposit to the company providing the service and as a rule must be paid in advance before said service can be activated. Most companies after a prescribed amount of time will and certain requirements are met (no late payments, no disconnection, etc) will refund the deposit to the person/company. If this is the case, then a utility deposit that may be refunded after a certain period of time is actually considered an asset.
What is Deposit sales?
The deposit sales is the business type of payment , the customer will have to advance the payment before buying. The diffirent between the advance payment sales and deposit sales is about , the Advance Payment - the customer will have to order first then pay regarding to the order Deposit Sales - the customer will pay first before ordering.
Which type of deposit is paid in advance to protect landlords against nonpayments?
security deposit
What is corporate advance deposit?
An advance deposit is money you place with a retailer to put towards your final price. For corporations, this can be advances made on a corporate level, dealing with large numbers.
can you get a cash advance without a checking account I only have a savings with direct deposit?
Yes, you can. You can get an advance against your paycheck. This is a question best asked of a cash advance store. Call them.
Is security deposit paid in advance to protect landlords against nonpayment?
Yes it is because it is, lol.
What is the Formula For Advance Deposit Ratio?
The Advance Deposit Ratio (ADR) is calculated using the formula: [ \text{ADR} = \frac{\text{Total Advance Deposits}}{\text{Total Deposits}} \times 100 ] This ratio measures the proportion of deposits that are held as advance payments, indicating the level of customer commitment to future transactions or services. A higher ADR suggests a greater reliance on advance payments, which can impact cash flow and liquidity management for businesses.
Is a customer deposit a current liability?
Yes, customer deposits is that amount which is received in advance for the services in future.
What is Advance Premium Deposit in Insurance Company?
An Advance Premium Deposit account is a feature of a policy offered by a Life Insurance company. Think of it as a savings account, where you're free to put in money and take out money. Your life insurance premium will automatically be paid from that account, so that's one less hassle you have to worry about. You get interest on your money, so that's nice. Often you're only allowed to deposit up to the sum of all future premiums. See http://www.americansavingslife.com/policy-sales/advance-premium-deposit-(apd) for an example of one company's advance premium desposit account and read what they have to say about it.
What kind of services does Pay Advance offer?
Pay advance offers payday loans to those who qualify. According to Pay advance, everyone with a full time job and gets paid by direct deposit to ones checking account qualifies to get pay day loan from Pay Advance.
What is the deposit for holiday inn hotel room?
Major hotel chains typically expect to be paid in advance for the duration of the stay.
A demand deposit is an account in a commercial bank on which checks can be written and from which money can be withdrawn without any advance notice?
monetary policy
A demand deposit is an account in a commercial bank on which checks can be written and from which money can be withdrawn without any advance notice.?
monetary policy
