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When services are rendered but payment is not made which account would be increased?
What else can I help you with?
When payment is received for services not yet rendered no entry is recorded until that service has been rendered?
When payment received without services: Debit Cash / bank Credit Unearned revenue When services rendered: Debit Unearned Revenue Credit Services revenue
Can you prosecute a client who stopped payment on a check for services rendered?
client stopped check on services rendered,after paying the same fee for 3 years.what can i do
What is gross remuneration?
gross remuneration is pay or salary, typically monetary payment for services rendered, asin an employment.
What does payment term wire 30 days mean?
"Wire 30 days" refers to a payment term where a payment is made via wire transfer within 30 days of an invoice date or service completion. This means the recipient can expect to receive the funds in their bank account within that timeframe, typically after the invoice is issued. It's a common practice in business transactions to ensure timely payment for goods or services rendered.
What payment is required if a vendor cancels their services?
If a vendor cancels their services, the payment required typically depends on the terms outlined in the contract or agreement. Many contracts include clauses that specify cancellation fees or require payment for services rendered up to the cancellation date. If no such terms are specified, it may be necessary to negotiate a fair resolution based on the circumstances of the cancellation. Always refer to the specific agreement for guidance on payment obligations.
When payment is received for services not yet rendered no entry is recorded until that service has been rendered?
When payment received without services: Debit Cash / bank Credit Unearned revenue When services rendered: Debit Unearned Revenue Credit Services revenue
Does a provider have to bill insurance for services rendered?
No, a provider is not required to bill insurance for services rendered, but it is typically done to receive payment for the services provided.
Can you withhold medical records for non-payment of services rendered?
No, healthcare providers cannot withhold medical records for non-payment of services rendered. Patients have a legal right to access their medical records, regardless of payment status.
What is s commission?
it is a payment given to agents for their services rendered for the business.
Can you prosecute a client who stopped payment on a check for services rendered?
client stopped check on services rendered,after paying the same fee for 3 years.what can i do
What happens if a company refuses payment for goods or services rendered?
If a company refuses payment for goods or services rendered, the other party may take legal action to recover the owed amount. This could result in a lawsuit, court judgment, or other legal consequences for the company that refused payment.
How long does a contractor have to bill you for services rendered?
Contractors typically have a specific timeframe, such as 30 days, to bill you for services rendered. It is important to clarify payment terms in the contract to avoid any misunderstandings.
What is money received?
Money received can be income, payment for services rendered, credit towards a debt, etc.
What is gross remuneration?
gross remuneration is pay or salary, typically monetary payment for services rendered, asin an employment.
How do I properly bill someone for services rendered?
To properly bill someone for services rendered, you should create a detailed invoice that includes the services provided, the cost of each service, any applicable taxes or fees, and the total amount due. Send the invoice promptly after completing the services, and provide clear payment instructions and deadlines. Follow up with the client if payment is not received on time.
What are your rights if someone will not pay for car repairs?
OHIO answer: If you are the garage and you still have the vehicle, then the car can stay until payment is made and I highly recommend you prepare a small claims court case to seek payment for services rendered. If you already let the person drive out with the car then you will need to go to court and sue for services rendered.
Would you consider taking a customer to court for non-payment of services rendered?
Taking a customer to court for non-payment of services rendered is a legal option that businesses may consider if other attempts to resolve the issue have been unsuccessful. It is a serious step that should be taken after careful consideration of the potential costs and benefits.
