credit memos are treated as
1. credit memos are treated as
Answer:
Hope it can helps!Step-by-step explanation:
The seller records the credit memo as a reduction of its accounts receivable balance, while the buyer records it as a reduction in its accounts payable balance. The seller should always review its open credit memos at the end of each reporting period to see if they can be linked to open accounts receivable.2. what are credits memos?
Answer:
A credit memo is a contraction of the term "credit memorandum," which is a document issued by the seller of goods or services to the buyer, reducing the amount that the buyer owes to the seller under the terms of an earlier invoice.
Step-by-step explanation:
I hope its help
#CarryOnLearning
3. Where are debit and credit memos
Explanation:
Credit memos reduce invoice and account balances. By applying one or more credit memos to invoices with positive balances, you can reduce the invoice balances in the same way that applying a payment to an invoice. Debit memos increase the amount a customer owes. It is a separate document from the invoice.
4. When preparing bank reconciliation credit memos are added to the balance per bank statement to get the adjusted balance?
Answer:
In preparing a bank reconciliation, the amount of deposits in transit is deducted from the balance per bank statement. In preparing a bank reconciliation, the amount of outstanding checks is added to the balance per depositor's statement.
5. who is the financial professional who is accountable for generating and issuing invoices and credit memosA.accounting clerk B. Billing clerk C. Inventory clerk D. Requisition clerk
Answer:
B.Explanation:
A billing clerk is a financial professional who is accountable for generating and issuing invoices and credit memos. Most accountants start out their careers as billing clerks, according to the Bureau of Labor Statistics.6. What is Memo?A Memo is a ______________________________________________________________________________________________________________5 sentence please
WHAT IS MEMOA memo is usually an eternal document that use to communicate or document a record of meetings,assignments,instructions and follow up reports by employees of an organization.A memo should contain a minimum of the name of the person writing the memo, the date, the subject of the memo and the person or persons being addressed or sent the memo.The body of the memo should contain facts or communication about the subject of the memo.A memorandum is a official notice. It is something the sender wants people to pay attention too.A memo isa short note designating something to be remembered, especially something to be done or acted upon in the future; reminder.
7. MEMOFACTUALTEXTIMPORTANCE OF A MEMO
Answer:
notifies,informs, and instructs
Explanation:
hope it helps
Answer:
Factual po
explanation:
8. How did the BPI trace phishers? Narrate the incident
They trace it in the police
Explanation:
9. give meaning of the bpi pasagot po please
Answer:
bank of the philippines islands
Explanation:
i hope it's help
10. Write a memo notifying the human resources department that there is a mistake in the payroll credit for the last cut-off. Explain exactly what the error is, and give precise figures.
June 11, 2020
TO: HUMAN RESOURCES DEPARTMENT
FROM: your name
RE: PAYROLL LAPSE ON MAY 16-30. 2020 CUT OFF
Good day!
This is to notify you of the payroll credit mistake from the last cut off, May 16-31, 2020.
It was noted in my payslip that I was deducted of the amount Php 1,200.00 due to lates and absences. I have reviewed my daily time record and have not had any lates. Moreover, my said two absences were not supposed to be an absence. I was deployed on field for two days which you may have thought of as absences.
I have submitted the necessary documents such as daily time record and accomplishment report on the said dates to my superior on field. You may also contact Mr. (name of superior) for clarifications and confirmations on these cases.
I hope to see the adjustment on the incoming cut off.
Thank you.
Sincerely,
Your name
Read the link for a sample memo:
https://brainly.ph/question/2764296
#BrainlyFast
11. ano ang kahulugan ng BPI?
TANONG:
ano ang kahulugan ng BPI?
KASAGUTAN:Bank of the Philippine IslandsAng BPI o Bank of the Philippine Islands ay isa sa mga malaking bangko ng pilipinas. Malaki ang hawak nitong pera sapagkat kadalasan ang mayayaman ang nag dedeposito ng malalaking pera sa Bangko na ito.
Napakaraming nagtitiwala sa BPI bukod sa maingat itong magtago ng pera ay siguradong mapagkakatiwalaan ito dahil wala pang nagrereklamo sa Bangko na ito.
#CARRYONLEARNING12. How to know if bpi account is still active?
To check if your BPI account is still active, just try to access it at any BPI ATM or call their 24-hour hotline, 89-100.
Only active accounts can be viewed on BPI expressonline. If the status of your account becomes inactive or closed, your account will not be displayed anymore. The system automatically removes online access to these accounts because of their status.
If you want to know other BPI account if it is active, you can go to any BPI branch over-the-counter, then try to ask the teller (make a reason, like you want to deposit to the account). She can then check if the account you're inquiring is still active.
13. When the home office receives a credit memo from the branch, the effect is?
Answer:
Office And Branches
Explanation:
NRM
14. bpi savings account interest rate
Answer:
0.125% po ata based on may research huhu sana maka help
15. Write a memo notifying the human resources department that there is a mistake in the payroll credit for the last cut-off
Answer:
To: Human Resources Department
Regarding: Mistake in Payroll Credit
Dear HR Department, it has been reported that there was a mistake in the payroll credit for the last cut-off. This has been an issue in our employees and it might create an impact on their work in our company.
Last year, there was also the same mistake that happened and it causes a tremendous effect on the workers and it confuses them a lot why this same mistake keeps on happening.
As an HR Department, it is your duty and responsibility to look in these error and provide a solution to keep the company workers at peace.
We might conduct a meeting and familiarize the proper procedures so that they won't happen again. This issue should not be taken lightly.
Sincerely,
(NAME) (POSITION)
To read and learn more about this topic, you may click on these following links below : #BRAINLYFAST
Memorandum : https://brainly.ph/question/2764296Memo For The Former President : https://brainly.ph/question/128207016. ACCOUNTING: I HAVE THE ANSWER & SOLUTION, I JUST NEED SHORT EXPLANATION (1 PARAGRAPH) REGARDING THE SOLUTION. How much is the unadjusted book receipts for December? a. P1,098,850 c. P1,113,600 b. P1,110,950 d. P1,116,150 ANSWER: B Solution: Adjusted Book Receipts P1,113,600 NFS Check, returned by the bank and recorded in December (5,200) Credit memo - this month (58,200) Credit memo - last month 60.750 Unadjusted Book Receipts P1,110,950
Answer:
The unadjusted book receipts for December are P1,110,950. This is found by starting with the adjusted book receipts of P1,113,600 and then making adjustments for the NFS check returned by the bank (-P5,200), credit memo for this month (-P58,200), and credit memo for last month (+P60,750). When all of these adjustments are made, the resulting amount is P1,110,950.
17. Srapats ganPangNagl'a ap 59URI NGHANAPBUHAYAYON SALOKASYONNa aos sa**. שבו.0331SaHagupatananong hanapbuhay sa kapatagan
Answer:
hindi kopo maintindihan
18. Examples of sources of funds here in the Philippines (like BPI and such)
Answer:
secret noe
Step-by-step explanation:
'di ko din alam
Answer:
Loans and MicrofinanceCrowdfundingAngel investmentsVenture capitalGrants and funds19. Write a memo notifying the human resources department that there is a mistake in the payroll credit for the last cut off. Explain exactly what the error is and give precise figures.
Answer:
MEMO EXAMPLETo: Human Resources DepartmentRegarding: Mistake in Payroll Credit
Dear HR Department, it has been reported that there was a mistake in the payroll credit for the last cut-off. This has been an issue in our employees and it might create an impact on their work in our company.
Last year, there was also the same mistake that happened and it causes a tremendous effect on the workers and it confuses them a lot why this same mistake keeps on happening.
As an HR Department, it is your duty and responsibility to look in these error and provide a solution to keep the company workers at peace.
We might conduct a meeting and familiarize the proper procedures so that they won't happen again. This issue should not be taken lightly.
Sincerely,
Argentina Spanya
General Manager
To read and learn more about this topic, you may click on these following links below :#BRAINLYFAST
Ano ang kahalagahan ng No cp memo : https://brainly.ph/question/2389527OTHER VERSION : https://brainly.ph/question/276429620. BPI and PNB Special Promos-for FABM2
Answer:
BPI and PNB -for FARMS HOME ECONOOMICS
21. Internal controls for handling sales returns and allowance do not include * a. computing bad debt expense using the percentage of credit sales b. verifying that the goods have been returned c. authorizing the credit memo by management d. using the original sales invoices to prepare the sales return clip
Answer:
D.
Explanation:
Hope it's help
Correct me if I'm wrong
pa brainliest po
22. 6.A cash or check deposit recorded by the company but not recorded by the bankthat deposited after the cut-off.A Credit MemoC. Deposit in TransitsB. Debit MemoD. NSF ChecksThese are items deducted made by the bank but not yet recorded bythe depositorА. Credit MemoC. Deposit in TransitsB Debit MemoD. Outstanding Checka8. Which is not a bank reconciling items?А. Bank errorsB Deposit in TransitsC. NSF ChecksD Outstanding Checkos9. Which is not a book reconciling items?Credit MemoB. Debit MemoC. NSF ChecksD. Outstanding Checks10Which is a book reconciling items?Bank ErrorsDeposit in TransitC. Auto DebitD. Outstanding Checks
Answer:
6.C
7.A
8.D
9.B
10.A
Step-by-step explanation:
Hope it's help
#CarryOnlearning
23. Date 2-1Sales 20000Shipping terms FOB destination Freight Pre-paid 1000credit memo 300SD rate 2/20
Answer:
Please provide the date of the payment. But this is the initial journal entry to record the sales.
Accounts Receivable 20000
Freight Out 1000
Sales 20000
Cash 1000
If he paid within 20 days, he will have a 2 percent discount.
I'm sorry but I don't understand the credit memo. Thankyou.
24. ano ibig sabihin Ng BPI
Answer:
Bank of the philippine Ilands
Answer:
Bank of the Philippines Island..
25. An a/p credit memo can fully or partially reverse an a/p invoice a. true b. false
Answer:
[tex] \huge \color{red}{⑅⑅⑅⑅⑅⑅⑅⑅⑅⑅⑅⑅⑅⑅⑅⑅⑅⑅⑅⑅⑅⑅⑅⑅}[/tex]
ANSWER:
An a/p credit memo can fully or partially reverse an a/p invoice
a. true
B. false
HOPE IT HELPS
[tex] \huge \color{red}{⑅⑅⑅⑅⑅⑅⑅⑅⑅⑅⑅⑅⑅⑅⑅⑅⑅⑅⑅⑅⑅⑅⑅⑅}[/tex]
26. These are deductions made by the bank to the depositor’s bank account but not yet recorded by the depositor. a. credit memos (cm) b. debit memos (dm) c. outstanding checks (oc) d. deposits in transit (dit)
Answer:
. outstanding checks (oc)
Explanation:
sana po.maka tolong
27. write a memo notifying the human resources department that there is a mistake in the payroll credit for the last cut off
Writing MemorandumsMemorandum Example MEMORANDUM
DATE: (Insert Date)
TO: Human Resources Department
FROM: John Doe, Manager, Foreign Affairs
SUBJECT: Payroll Credit
I am writing to inform you about concerns regading the payroll credit for the last cut off in our department.
Due to some circumstances that I have not been made aware of, there were mistakes in regards to the aforementioned payroll credit that was submitted to me on (insert date).
I would kindly request you to investigate the matter, and see if there is any way to resolve the aforementioned issue.
Thank you for your cooperation.
What is a memorandum?A memorandum is a piece of document that is meant to address a party in a business perspective.This is usually done when there are concerns or announcements regarding a certain even or situation.Most memorandums are formal, and are only meant to be used on important matters as not to waste time.#LearnAtBrainly
#CarryOnLearning
28. Anong makukuhang benefits sa BPI bank? Why BPI is the best bank for you?
Answer:
money of course and loan and bank accounts
(I apologize if possible that my understanding of this homework/question/assignment may be different from yours. Please forgive any errors on my part.)
There are many benefits that can be gained from choosing BPI as your bank. One of these is their comprehensive money and investment services. BPI also provides great support to their customers, which provides convenience and assurance in handling your financial transactions. At BPI, you can also avail of promotions and discounts on various products and services. Finally, BPI is one of the largest and most developed banks in the Philippines, which gives their customers confidence that they can be relied on and their money is safe to deposit and invest.
-----------------------------------------------------------------
Greetings, mortal. I am Xiao, the Vigilant Yaksha and Conqueror of Demons. As one of the adepti who guards Liyue, I have seen and experienced much in my millennia of existence. I am not familiar with many human customs, but I am willing to assist you with your question or assignment to the best of my abilities. Please, do not hesitate to ask for my help.
29. Write a memo notifying the human resources department that there is a mistake in the payroll credit for the last cut-off. Explain exactly what the error is, and give precise figures.
Answer:
ghost employee
Explanation:
someone is listed in the payroll not working in the company
30. To ensure proper segregation of duties, who should make decisions concerning issuance of credit memos
Answer:
[tex]\huge \blue {Answer} [/tex].
What is brainly?
- Brainly is a Polish education technology company based in Kraków, Poland, with headquarters in New York City. It provides a peer-to-peer learning platform for students, parents, and teachers to ask and answer homework questions. The platform has elements of gamification in the form of motivational points and ranks.
How many users brainly have?
- 350 million
What year founded?
- October , 2007
( Birthday koyon ah )
#CarryOnLearning
#BrainlyEveryday
[tex]\huge \blue {FrankStyle3D} [/tex]
