Paper money.
Paper Money
Paper Money
Sundry Debtors
Accounts payable are usually the suppliers to a company who are providing credit terms on purchases. Sundry creditors are any other creditors which dont fall into the usual categories on the balance...account receivable- money coming in for profit account payble-money going out for a expense .Accounts payable refers to liabilities owed to creditors from whom you've made a purchase. Notes payable refer to liabilities owed to investors from whom you've borrowed money by issuing a debt...
it has made our lives easier
Paper money.
Paper Money
Paper Money
The Radio Telephone. huh who wouldve guessed..
That is one of the primary purposes of creating an estate. The executor has to contact all known debtors and advertise for unknown debtors. There has to be a method for these debtors to contact the executor to place their claims.
Noah Grant, the father of Ulysses S. Grant was sent to a debtor's prison because of an amassed debt made in land speculation. He was then forced to sell his holdings in Connecticut to settle affairs with his creditors.
James Oglethorpe. He made it as a refuge for debtors.
African Americans wouldve still been slaves
Sundry Debtors
Sundry Debtors
The purpose of sending collection demand letters to debtors is to formally request payment for outstanding debts and to communicate consequences if payment is not made.
Average trade debtors average the number of days required for a company to receive payment from its customers. A large number means that a company must invest more cash in its unpaid accounts receivables, and a smaller number means that more cash is being made available for other uses.