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Accounting

Understand the language of business through the study of financial statements, budgeting, and taxation. Accounting is essential for business transparency and integrity.

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Questions
Q: When paying the bills on a cash-flow strapped business in which order should the bills be paid
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Q: Is it normal for your customer to demand the terms for payment such as 3 percent net 10 or net 90
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Q: What are the benefits of an escrow account
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Q: How can a rapid increase in sales produce a negative cash flow
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Q: Are adult children responsible for tax arrearages of a deceased parent who had no estate
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Q: How can you acquire a 25 x 100 lot if there is 20 years of property tax owed on it and no heirs can be found
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Q: If a man dies can his widowed wife be held responsible for her late husband's back taxes of which she was unaware
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Q: Would disputing a delinquent account held in collections affect the date of last activity and alarm the collection agency that is withholding the account
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Q: What is the statute of limitation for credit card company to collect debt from people owing them in Michigan
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Q: Are non-sufficient funds charges tax deductible
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Q: How does credit card processing work
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Q: Do you have to file taxes every year
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Q: If judge ordered your ex to pay a credit card debt because he incurred the debt after the divorce was filed how do you get it taken off of your credit report in Arizona
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Q: Can a company demand payment on an account that has already been stated on your credit report as a charge-off
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Q: If your account was chargee off in 1999 when will it be removed from your credit report
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Q: When you have a credit card that has been charged off what do the credit card companies do
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Q: If you replace a leaking roof and add a deck to your rental property can you deduct the costs on your taxes
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Q: What if you dispute a report from a collection agency that is now closed
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Q: Can a debt collector change dates on your credit report
1 answer
Q: How do you write a credit dispute letter
4 answers
Q: If you challenge them will credit agencies remove items from your credit report just to avoid the cost of the dispute
1 answer
Q: Can a creditor call you at work
2 answers
Q: Is there a time limit on disputing inaccurate credit information
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Q: What is the most common type of credit reporting agency
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Q: How do you update your address with credit agencies
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Q: Does having a joint checking account with someone with bad credit affect your credit
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Q: Should you let charge-offs stay on your credit report
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Q: What happens to items on your credit report after seven years
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Q: If your account is sold to another collector does it stay on your credit report another 7 years
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Q: How do you correct an error in a letter of dispute sent to a credit agency
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Q: How do you get paid collection accounts removed from your credit report
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Q: Can the credit reporting agencies tell you who all your creditors are
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Q: Can an unpaid overdraft on a checking account be sent to a collection agency and appear on your credit report
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Q: How and when does a collection account become a chargeoff
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Q: Is there a time limit for collection of a charge off credit card debt
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Q: How can you correct credit reports where John Doe Sr's bad debts show up on John Doe Jr's report
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Q: How long after a payment is made to your credit cards does it take to reflect on your credit report
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Q: Does checking your credit report cause points from your score to be deducted
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Q: Does paying a recent charge off that has been transferred to a collection agency help your credit score or should you just leave the debt unpaid and wait out the 7 years
1 answer
Q: How do you go about cleaning up and updating your credit report
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Q: Can you schedule your payments to credit card companies just slightly ahead of the date each month that they report to credit reporting agencies
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Q: Do collection agencies have the right to freeze your checking account without going to court for a credit card debt of over 10K on the original credit card
1 answer
Q: How long do unpaid collection accounts remain on your credit report
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Q: Does a company have the right to try to collect again after putting a 'charge off' on your credit report
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Q: Can a collection agency attempt to collect on a debt that is almost 10 years old
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Q: Who do you contact about removing debts from your credit report that are at or have exceeded the seven-year mark
1 answer
Q: How do you get charge offs removed from credit report after 7 years
1 answer
Q: What can you do if a credit card on which you were an authorized user is showing up as a charge off on your credit report
1 answer
Q: Can a collection agency keep renewing the 'date opened' on an open collection account
1 answer
Q: How long does a paid off tax lien stay on your credit report
1 answer
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