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16 In what circumstances would a non trade debtors control account be used?
i would like to know in what circumstances would a non trade debtors control account be used?
Is an electricity account an example of a trade account payable?
No Electricity account is non-trade accounts payable as trade accounts payable are those suppliers only from which company purchase supplies for sale purpose.
What is the difference between Receivable and account Receivable?
Account receivable are usually currant assets that arise from selling merchandise or providing services to customer on credit . Accounts receivable are also known as trade receivable . receivable is the term that refers to both trade receivable and non trade receivable . By Mr safiullah Zarif
In what circumstances would a non trade debtors account be used?
the only answer i have for this question is:- If you sell items to Debtors, but then rent out part of your premises to another party, that Rental income would go into a non trade debtors account. Another big one for this would be for sale of fixed assets - i.e. plant & equipment.
Is there any difference between accounts assistant and accounts executive?
There is a difference between an account assistant and an account' executive. The assistant is non-management and likely makes an hourly salary. An account executive is paid salary and would be over the assistant.
