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Regarding different types of general ledger accounts does an employee using a company credit card create an accounts payable?
Wiki User
∙ 14y ago
I think so...But don't quote my answer.
Wiki User
∙ 14y ago
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What is true regarding the different types of general ledger accounts?
One type of business expense is an owner withdrawal of equity.When a company receives money as payment for goods sold, it increases its accounts receivable.An employee using a company credit card creates an account payable.Building rent for the month of December that will be paid on December 15th is an example of an accrued liability.
What should the owner of a company do with regard to charges on cashing employee checks?
It's very bad for management - employee relations to charge employees to charge them at all for cashing their paychecks. If the company is a bank, all types of bank services such as checking accounts, savings accounts and check cashing should be free. Also, if the company is a bank, discounted loans for personal loans and mortgage loans will help employees morale and loyalty.
What is the job of external auditor?
Job of external auditor is to examine the books of accounts of company and issue a clearance letter regarding the true and fair nature of financial statement.
What are a company's accounts payable?
Anything a company owes and must pay can be listed as a payable. From employee wages, to taxes, to mortgages, rent, bills etc. All of these can be listed as a payable at some point during the accounting period. They may not always have to be, but can be.
What accounts will only be found in the chart of accounts of a merchandising company?
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What is true regarding the different types of general ledger accounts?
One type of business expense is an owner withdrawal of equity.When a company receives money as payment for goods sold, it increases its accounts receivable.An employee using a company credit card creates an account payable.Building rent for the month of December that will be paid on December 15th is an example of an accrued liability.
How do you write a letter to accounts department regarding company STC in process?
To write a letter to accounts department regarding company STC in process, you need to be formal. You should cite all queries and concerns in your letter and also give any possible suggestions in the letter.
Can employee pay be bankrupted in a bankruptsy?
Yes, because the company that they work for and the employee are 2 different inities
How much do accounts managers earn?
It depends on the company or organization ability there is no standard pay for any employee or any organization...
What type of company is Lloyd TSB?
Lloyd TSB is a company specialized in personal banking, finances and bank accounts. One can find information regarding this company on Lloyd TSB's website.
When a company has a parent company does the employee work for the parent company?
The employee works for the daughter company.
What should the owner of a company do with regard to charges on cashing employee checks?
It's very bad for management - employee relations to charge employees to charge them at all for cashing their paychecks. If the company is a bank, all types of bank services such as checking accounts, savings accounts and check cashing should be free. Also, if the company is a bank, discounted loans for personal loans and mortgage loans will help employees morale and loyalty.
What does the company Beneflex specialize in?
Beneflex is a company which administers employee benefits for various companies. They offer medical, dental and other health insurance benefits including health spending accounts to various companies.
Can employer interview Employee about Theft?
Yes. An employer can interview an employee regarding a theft from the company. The employee should carefully review the company policies received at the time of hire and that should be clearly posted at the place of employment. Generally, the employee can choose to have a union representative, lawyer or other person present during the interview or can refuse to be interviewed. However, if they refuse, they may be subject to termination depending on the posted company policy.If an employee is involved in theft from their employer, they should consult with an attorney before being questioned.
If a company gives an employee a laptop is the company notified what the employee searches?
It depends on the company. lil K!
Which is true about employee handbooks?
employee handbooks typically have information about company policies, employee benefits, and the company's organizational structure.
Is a CEO an employee?
Typically, if a person is paid by a company, he or she is an employee of that company. Under that definition, a CEO would be considered an employee.
