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"I owe you" indicates that one person has a debt or obligation to another, often implying that they need to repay or fulfill a promise. Conversely, "you owe me" signifies that the second person has a debt or obligation to the speaker. Essentially, the phrases flip the roles of who is indebted, highlighting the relationship between the two parties involved in the transaction or obligation.
What else can I help you with?
The difference between assets and liabilities is?
assets are what the business owned and liabilities are what the business owe.
What is difference between sundry debtors and sundry creditors?
Sundry Debtors are from whom we have to take money and to sundry creditors we owe money.
What is the difference between Sundry debtors And Sundry Creditors?
Sundry Debtors are from whom we have to take money and to sundry creditors we owe money.
Do you owe the difference on a 1099C?
See my answer to post on "collections after 1099c???" Do you mean owe the difference to a creditor? Answer no 1099c is a confirmation that a debt has been canceled by the creditor. No further obligation of repayment by debtor is expected or can be requested. This may be income to you according to the IRS whom also gets a copy of the 1099c.
You owe peneties on 2008 will you get a check?
If the amount of the refund is more than the amount of the penalties, you will get a check for the difference. Otherwise, no.
What is the difference between a bill and a receipt?
a bill is what you owe and a receipt is what you gave.
Can you still owe money after your car is repossessed because of the recall?
If it is repossessed, you will owe the difference between the loan amount and what they sell the vehicle for.
The difference between assets and liabilities is?
assets are what the business owned and liabilities are what the business owe.
What is the difference between debt and loan?
A debt is something you owe someone, a loan is something you borrow
If you surrender a car that you can no longer use and can't afford do you still owe the difference between its value and the loan amount?
YES, she will owe the remaining balance after it is sold.
If you voluntary give back your vehicle repo and they resale it any way they want do you still owe the whole bal or the difference?
You will generally owe the difference between the outstanding balance on the loan and what they were able to sell the car for.
Define outstanding loan?
Difference between loan disbursed and loan outstanding; the unpaid remainder that you still owe.
What is the difference between credit and debt?
credit is money and dept is where you owe someone or the bank alot of money did this help you?
If a car is repossessed and they sell the car how much can you owe?
The difference between the sale price & loan balance is what they will bill you for.
What does gap insurance in Virginia do?
It is different from regular insurance because it covers you for the difference between your car's value, and what you owe on it if you have an accident that totals the car, or the vehicle is stolen. If you are making payments on the vehicle, and you owe more than its value, your GAP insurance will cover the difference.
My Car was repossessed what do I owe the bank?
They will auction the car and you will have to pay the difference of what you owe and what the car sold for.
What is difference between sundry debtors and sundry creditors?
Sundry Debtors are from whom we have to take money and to sundry creditors we owe money.
