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What is a past due amount?

Total due is what you pay now. past due means you are late and need to pay that right away.


What is understated and overstated in accounting?

Understatement means any ledger showing less amount then actual due to any amount missing and overstatement means any ledger account is showing more amoun then actual due to double count or double record of any transaction.


What does payment immediately due net?

Payment immediately due net means that you must pay the amount due immediately. You will commonly see this on bills, both in paper form and online form.


Why does adding or subtracting a constant amount to each value in a data set increase the mean?

The adding and subtracting a constant amount means the value will go up. The amount will go up due to the amount been added to each number.


An Invoice for $100.00 is received on the 1st of the month with terms 110net30.?

The invoice for $100.00 with terms 110net30 means that the total amount is due in 30 days, but the buyer can take a 10% discount if paid within 10 days. If the invoice is paid within the discount period, the amount due would be $90.00. Otherwise, the full amount of $100.00 is due by the end of the 30-day period.


What does payment terms of Net 45 days mean?

It means the enitre amount of the bill is due within 45 days, from which the bill was invoiced.


What is amount not currently due means?

"Amount not currently due" refers to a sum of money that is owed but is not yet required to be paid. This could include future payments on a loan, upcoming bills, or other financial obligations that have a specified due date. Essentially, it indicates that while the debt exists, it does not need to be settled at the present time.


What is a copious amount?

It means a large amount.


What does three times his due mean?

It means to charge three times the proper price for something (see 'The Miller' in 'The Canterbury Tales')


What if tax withheld is larger than the tax due?

If your tax witheld is larger than the tax due, you receive a refund


What does bled out mean?

If someone "bleeds out" or has "bled out" it means they died because they lost a great amount of blood due to a wound not being closed (or able to be closed).


What do brackets in credit and debits entries mean?

(-) means credit amount and positive amount means debit