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What are the advantages of cash payment?

There are many advantages of cash payment. First off, cash is the most common form of payment around the world. One does not need to know any other information such as a pin number to use cash. Cash is easy to carry and has no fees for use.


What is the method of Accounting for Securities where the transactions are recorded on the date the securities settle by delivery or receipt of the securities and the payment of cash known as?

settlement method


When might one receive a cash settlement?

A person may be in line to get a cash settlement when they have a large structured settlement owed to them. It could be winnings from a law suit, or will, or some other winnings. You can get what is the equivalent of an advance on those payments.


What is the method of accounting for securities where the transcation are recorded on the date the securities settle by delivery or receipt of the securities and the payment of cash known as?

The method of accounting for securities where transactions are recorded on the settlement date, which is when the securities are delivered or received and payment is made, is known as the "settlement date accounting." This approach contrasts with trade date accounting, where transactions are recorded on the date the trade is executed, regardless of when the actual transfer of securities and cash occurs. Settlement date accounting provides a clearer picture of actual cash flow and asset ownership at the time of reporting.


How do you record journal entry for cash?

if cash received then cash is debit while if cash is paid then cash is credit with other account towards which payment made or amount received.

Related Questions

What is the other term for the cash payment settlement insurance option?

don't know


How much money am I losing if I decide to go the route of cash for settlement?

The amount of money you will lose if you take a cash settlement depends on the amount of the settlement. Usually the amount you lose is worth it if you need the cash or don't want the other settlement option. If the other option is stocks then cash might get your more at this time due to the ups and downs of the stock market.


How can I get a payment advance on my cash structured settlement?

There are many organizations that advertise on television that offer payment advances on cash structured settlements. In addition to them, a good one online is www.stonestreet.com. A structured settlement spells out the terms of the settlement and when the settlement payments will be made. There is not a way to get a advance on that.


When you am awarded a cash settlement how long does the other party have to pay it?

A cash settlement payment by the other party is dependent on the contract that was signed. All vary depending on the terms of the agreement. It is beneficial to reference the contract in which both parties signed.


How can I get cash for my structured settlement payment up front?

As part of the settlement negotations you can ask for payment up front. This can be handled with your attorney. Contact a company who buys settlement payments. You will only be eligible if your settlement is for more than a specific amount, which varies by the company offering the upfront payment.


What are the drawbacks of going after a cash settlement?

A cash settlement is usually some type of lump sum payment offered to those who receive structured settlements. The drawbacks include low cash offers that prey on those who need cash now, and more of a tax burden when you take the lump sum option. Sometimes when you take a cash settlement versus timed payments, the total overall amount is decreased. Also, you will need to pay taxes all at once, which can be a hefty sum.


Where can I search for cash for settlement online?

www.acsfcorp.com looks like a good option


Can the cash for down payment includes the closing cost?

A total down payment includes the required down payment for the loan and whatever settlement charges are not being paid by the seller. If this is related to that FHA question earlier, it would be 3.5% plus whatever settlement charges aren't being paid by the seller. If you're coming up short, you might have the option of raising your interest rate and having less or no closing costs.


Is it possible to pay with cash at a gas pump?

Yes, it is possible to pay with cash at some gas pumps by selecting the cash payment option and following the instructions on the screen.


What is structured settlement cash for?

Structured settlement cash is a regular payment that you receive as a result of some types of insurance or law suit claims or as part of an annuity and is often payable until the end of life. Depending on their origin, these payments may or may not be taxable income. The settlement cash is usually used to cover your living costs but can usually be spent in any way that the recipient wishes unless there are specific terms attached to the payment.


Does target offer cash on delivery?

No, Target does not offer cash on delivery as a payment option for online orders. Customers can pay using credit/debit cards, Target gift cards, or other electronic payment methods at checkout. In-store purchases, however, can be made with cash. For more specific payment methods or options, it's best to check Target's official website or contact their customer service.


What are the advantages of cash payment?

There are many advantages of cash payment. First off, cash is the most common form of payment around the world. One does not need to know any other information such as a pin number to use cash. Cash is easy to carry and has no fees for use.