0
What else can I help you with?
Is public debt a burden for future generations?
There really are 3 options. If we pay off our debts, then we do not bequeath them to future generations. We can also default on our debts, and again will not bequeath them to future generations. Or if we don't like those two options, then yes, public debt will become a burden for future generations. Then those future generations will have the same 3 options for dealing with those debts.
After seven years when debts from a bankruptcy are removed from the credit portion of your credit report will the bankruptcy still reported in the public record portion affect your credit status?
bankrupcires stay on for 10 yrs. But when you gfinalize the bankruptcy the debts are automatically removed anyways.
How do you prepare an adjusting journal entry to record bad debts expense?
Bad debts DR Allowance for doubtful debt CR Some accounting practioners may use provison for doubtful debts instead of allowance for doubtful debts. Example of bad debts, suppose a customer was unable to pay their debts totalling $150. This will be the journal entry for the transaction: Bad debts 150 Allowance for doubtful debts 150
Why is it NOT recommended that consumers acquire debts?
Debts must be repaid with interest.
Is a beneficiary responsible to pay debts?
No a beneficiary is not responsible. One of the primary reasons to open an estate is to resolve such debts. The estate has to pay off the debts. If the estate cannot do so, they distribute as best they can. If the court approves the distribution, the debts are ended.
What has the author Nelson Dingley written?
Nelson Dingley has written: 'The changed condition of the country, the causes and the remedy' -- subject(s): Debts, Public, Finance, Public, Public Debts, Public Finance 'The democratic tariff outcome' -- subject(s): Law and legislation, Tariff
What has the author Vertaul written?
Vertaul. has written: '[Debts of nations, distinguished from the debts of governments' -- subject(s): Debts, Public, Debt, Public Debts
What has the author Feng-Hua Huang written?
Feng-Hua Huang has written: 'Public debts in China' -- subject(s): Debts, Public, Public Debts
What are sources of public debt?
Exeternal debts and internal debts
What are the source public debt?
Exeternal debts and internal debts
What are the source of public debt?
Exeternal debts and internal debts
What has the author Wm Ernst written?
Wm Ernst has written: 'The financial question' -- subject(s): Debts, Public, Public Debts
What has the author Philip Dexter written?
Philip Dexter has written: 'The war debts' -- subject(s): Debts, Public, Finance, Public Debts, Relations, World War, 1914-1918
What has the author Henry Longdon Shepherd written?
Henry Longdon Shepherd has written: 'Default and adjustment of Argentine foreign debts, 1890-1906' -- subject(s): Debts, Public, Public Debts
What has the author Richard Hartnel written?
Richard Hartnel has written: 'Texas and Mexico' -- subject(s): Debts, Public, History, Public Debts
What has the author Norman Doodson written?
Norman Doodson has written: 'Local authority borrowing' -- subject(s): Debts, Public, Public works, Local finance, Public Debts
What has the author Harvey Edward Fisk written?
Harvey Edward Fisk has written: 'The inter-ally debts' -- subject(s): Debts, Public, World War, 1914-1918, Finance, Public Debts
