Most credit cards will send you a monthly statement by mail, and it is possible to make payments by check through the mail. You may also be able to log into your account on the credit card's website and make a payment by electronic check.
Why use a nickname for your payment accounts?
"what accounts are affected and how when a payment on account is received from a customer
surinder's accounts
The Accounts Payable clerk is responsible for providing payment on an account.
decreases the liability.
payment from customers
Yes, you can make as many accounts as you want free, but you pay for the download onto your computer. (I actually asked this Q, but I've been searching and you can!) :P :D
Yes, Trustly is a legitimate online payment service that allows users to make secure transactions directly from their bank accounts.
A payment from accounts receivable is typically received when a customer settles their outstanding invoice for goods or services provided on credit. This can occur at the agreed-upon payment terms, which may range from immediate payment upon receipt to net 30 days or more, depending on the terms of the sale. Once the payment is processed, it is recorded as a reduction in accounts receivable and an increase in cash or bank balance.
Accounts receivable
A firm would delay the payment of Accounts Payable because they could use the money to invest in short term investments and earn some return
An increase in Accounts Payable means that the company has received more invoices that are due for payment.