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If the probate court document showed one small bank account listed does that constitute the estate as far as creditors are concerned?
No. One of the duties of the executrix is to identify all of the assets of the estate, including any other stocks, bonds, bank accounts and property. Only when a complete inventory has been finished and the debts identified can the estate be closed. You should probably consult with a probate attorney for the state that you are in.
What else can I help you with?
Can creditors account have debit balance?
creditors have debit balances as advances receive from creditors..........
What type of account is the sundry creditors?
sundry creditors is a personal account. the rule applying would be debit the reciever, credit the giver
Format for Debtors control account and creditors control account?
debtors
Can creditors garnish my savings account?
Yes
Can creditors take a lien on your bank account?
NO!
How do you find the amount that i owe each account on an account payable?
Contact your creditors.
What is the methods of internal control account debtors and creditors?
ahshshj
What are advantages to creditors in case of note receivable than ordinary account receivable?
what are advatages of note receivables discounted to creditors
Where do creditors go on a profit and loss account?
I'm a student myself but i don't think that you have to use creditors in a trading, profit and loss account....i think it's given for the balance sheet that you have to make after the trading, profit and loss account.
A credit to a liability account?
indicates an increase in the amount owed to creditors.
What journal entry we make when proprietor paid to creditors from his personal account?
Sundry creditors a/c dr to proprietors personal a/c cr
What is a beneficiary owner account detail document?
The beneficiary owner account detail document refers to the document that contains the personal details of the owner of a given beneficiary. The document is usually legal and binding and must contain the signature of the owner of the account.
