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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: What can you do when a credit agency contacts you about a card you paid off 6 years ago if you paid with a money order and cannot prove you paid
1 answer
Q: Will paying off a few newer accounts in collections help your credit score or will it hurt by staying on your credit report even longer
1 answer
Q: If you attach a statement to an account on your credit record saying this account does not belong to you can this account be used for a FICO Score
1 answer
Q: How do you report a collection agency that will not tell you how to resolve an acct that has your SS number but someone else's name
1 answer
Q: How do you contact old debt collectors to clear your name and pay outstanding bills
1 answer
Q: If you dispute items on your credit report are they removed temporarily while they are being verified by the credit companies
1 answer
Q: If your credit report show state and federal income tax liens that are 'released' can you dispute them and have them taken off completely
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Q: When you pay off a tax lien does it reduce your credit score
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Q: If a date of birth is incorrect on a credit report does that person have to pay what is listed on the credit report
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Q: If a CC settlement agreement does not include anything about reporting it to the credit bureaus what can happen and do they have to report it anyway
1 answer
Q: How long does a debt stay on your credit if the amount of the debt is paid and the report is showing a zero balance owed
1 answer
Q: How long does an unpaid collection account stay on your credit report
1 answer
Q: If a credit card company shows an account as charged off every month does this keep it from every having a date of last activity reported
1 answer
Q: If a delinquent account was never reported and it suddenly appears on your credit report 5 or 6 years later are you still responsible for that debt
1 answer
Q: How do you dispute a credit charge off that occurred more than seven years ago
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Q: If your charged off credit card is sold to a collection agency that sues you how does this show up on your credit report if they're paid
1 answer
Q: How can you dispute items without taking the normal route of writing dispute letters
1 answer
Q: If you owe a credit card company and your credit report says that the account is charged off do you still have to pay the debt
1 answer
Q: Can a charge off be removed due to paying off the debt in full
1 answer
Q: If a credit card account that was last active five years ago was taken over by a collection agency can they issue a summons now
1 answer
Q: Is there a time limit in which you have to charge a customer's credit card
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Q: Why do some companies charge different prices for cash and credit purchases
1 answer
Q: How can an Internet merchant check to be sure a credit card is not stolen
1 answer
Q: How do you get credit card numbers from your customers online in a safe secure and private way
1 answer
Q: Would accepting credit cards increase or decrease your bottom line
1 answer
Q: Do credit card payments go into your account immediately or do you have to wait to receive payment from the credit card company
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Q: What are the requirements that a merchant must meet to be able to accept credit cards whether it be in person or online or over the phone
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Q: What are different ways to pass on transaction fees for accepting credit cards to customers
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Q: What are the benefits of accepting credit cards versus other forms of payment such as checks
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Q: How do you set up your account so that you may accept credit card payments via the Web
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Q: What are all the different fees that you are obligated to pay credit card companies including set-up fees and monthly fees as well as commissions
1 answer
Q: Can the court take your income tax refund for money owed on a repo and do they base the payments on income amount or do they get it in large amounts
1 answer
Q: What can you do if the finance company inadvertantly credited another account with your money and sent a repo man to get your truck
1 answer
Q: Can you deduct life insurance premiums as a business expense
1 answer
Q: Are state income payments deductible on federal taxes
1 answer
Q: Should a 17-year-old student who lives at home file taxes on his own or with his parents
1 answer
Q: What are the legal requirements for a credit card company to send you a check for a credit balance as a result of overpaying your credit card bill
1 answer
Q: If you have an account that is showing negative and it was included in a bankruptcy can you have the negative account removed or does it stay there and count as two negatives
1 answer
Q: How do you know if there are any outstanding or bounced checks in your name
1 answer
Q: Can a collection agency report the same collection account under 2 different account numbers on your credit report
1 answer
Q: How to repair your credit on credit cards you never paid and are charged off
1 answer
Q: Would it be worth it to buy a laundromat for the sole purpose of a tax writeoff if it does not produce enough money to live off of
1 answer
Q: Why does the collection agency show on the credit report but not the original company
1 answer
Q: What is the difference between Activity-based costing and traditional cost accounting
1 answer
Q: How do qualitative factors like the condition of an asset impact a final lease or buy decision
2 answers
Q: If your business accepts credit cards over the phone recently and were taken on three different invoices by the same company what can you do as a merchant to get your money back
1 answer
Q: Can you remove charge offs from your credit report
1 answer
Q: What are some ways that foreign exchange rate risks can be mitigated
1 answer
Q: After filing a judgment with the county clerk how does the judgment get on your credit report
1 answer
Q: How do you write a letter of hardship to get a bill dismissed
1 answer
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