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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: How can you find out how much employees make at a non profit organization
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Q: What is the statute of limitations on a credit card debt in California after being charged off and sold to a third party
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Q: Does a sibling whose name was added to bank accounts when she had power of atty have to include these assets as part of the estate when executing the will
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Q: What should one do if neither the original creditor nor the collection agency mails monthly statements as to what is owed
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Q: How long does it take an unpaid bill to come off your credit
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Q: What does it mean if you receive a letter from the IRS stating you owe the exact amount that was 'charged off' four years ago on a credit card
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Q: If a creditor claims they sent 14 bills before sending your debt to collections but you only received two bills can you dispute this
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Q: How does an ATM work
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Q: If you opened a credit card account seven years ago but another company buys the delinquent account does the 7 years start all over again
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Q: Am preparing to file chapter 7 but cannot find out what to do with IRS debt know it cannot be discharged but should still list it and then try to make arrangements to pay IRS after bankruptcy
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Q: If a credit card was charged off 5 years ago and has since been sold to 4 collection agencies and each has reported it as bad debt do all 5 reports affect your credit or is it seen as one trade line
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Q: Should correspondence or phone calls be used trying to work with a card company who has charged off your account to ask them to accept payments on the charged off account
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Q: Can a bankruptcy be reopened to correct an over payment to proof of claim
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Q: If an account was delinquent 8 years ago but the judgment is 2 years old should this be on your credit report
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Q: Do you pay taxes on a settlement from your last employer
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Q: What do you do if a collection agency sent you a letter saying their client would settle your account for a certain amount but when you called to inquire about it they said they know nothing about it
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Q: How do you find out what state entered a state tax lien on you and get a copy of it
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Q: How do you know what collection agencies you owe
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Q: If a collection account was sold to another collection agency is it correct that they should both show up on your credit report as late payments
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Q: What happens if a creditor turns your account over to collections but fails to send monthly statements as to how much is still owed
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Q: Who is responsible for income tax that was not paid by a deceased parent
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Q: How do you report someone to a credit bureau if they were your tenants
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Q: Should you pay the credit card company when the debt goes to a collection agency so it may be active again
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Q: Who do you contact first to remove a tax lien from a credit report
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Q: Can a creditor misrepresent themselves on the credit report
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Q: How long does it take for items to drop off your credit credit cardscharge offsrepos
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Q: What does it mean when an account has been charged off on a credit report
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Q: If you find a bounced check from 1999 on your credit report would paying it make it show up on your credit report for another 7 years
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Q: What is the difference between traditional based costing and activity based costing
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Q: Can your paycheck be garnished if you have a collection account
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Q: What is the need for three credit reporting agencies
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Q: In which parts of the world do vampire bats live
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Q: If you settled a charged off account with a collections agency for less than the full amount can they resell the difference to another agency
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Q: What does it mean when an outstanding account balance is closed on your credit report and the balance is shown as zero but you did not settle the debt from four years ago
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Q: What does it mean when an unpaid account is closed on your credit report
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Q: How does depreciation affect the cost of capital
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Q: Can debt collectors collect on a debt after it has been charged off
1 answer
Q: Can debt collectors collect on a debt after it has be charged off
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Q: Can sold accounts be removed from your credit report
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Q: How do you clear your credit report
1 answer
Q: Is it better to pay a charge off or collection account
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Q: What kind of businesses give cash discounts
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Q: Should you dispute an entry on your credit report that is listed twice as the same account and same amount but different account numbers if both are listed as individual debt and should be joint
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Q: Can the IRS come after you when the taxes were discharged in a Chapter 7 two years later
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Q: If you close open accounts will your credit score go up
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Q: Can collection agencies get on your credit report without proof that you owes money to the creditor who claims you do
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Q: What is the quickest way to get your taxes filed
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Q: If you ask a collection agency for zero balance for a full payment on a 5 year old account and they decline will this start the 7 year clock over
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Q: If your bank account says EFT Charged Off does this mean that the account is closed
1 answer
Q: If have a joint account with your new spouse who owes medical bills can they garnish the account for the debt owed
1 answer
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