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When making a TT and L payment at the bank who should the check be made payable too?
Wiki User
∙ 16y ago
To the bank
Wiki User
∙ 16y ago
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What are dividend checks?
an order of payment (such as a check payable to a shareholder) in which a dividend is paid
A check drawn by a company for 270 in payment of a liability was recorded in the journal as 720 What entry is required in the company's accounts?
debit Bank 450credit accounts payable 450
What are some options for making a payment to the IRS?
Some options for making a payment to the IRS can be found on their website. One has the options of paying by debit or credit card, making an electronic funds transfer or by check or money order.
Can a cashier's check be made payable to cash?
No, cashier's check is a guarantee funds by the issuer bank and must have a guarantee payee. Never payable to cash.
How do you journalize a sales tax payable?
Since you are using a "payable" account we do "not" touch cash until the actual payment is made. We however still know we need a debit and a credit for this transcation. To put this in our journal we will Debit Sales Tax Expense (check your company for exact account name) Credit Sales Tax Payable (again check your company for account name) Once you pay your taxes then you have to adjust these entries to reflect payment. In order to do that, we again use two accounts, this time however we do not touch Sales Tax Expense, it must stay there until we close our out books, we do however have to show that the payable has now become paid and that we no longer have that amount of cash on hand. This transaction will be adjusted in the journal as Debit Sales Tax Payable (to zero out this account or adjust it accordingly) Credit Cash (to show we no longer have that amount of cash on hand)
What are dividend checks?
an order of payment (such as a check payable to a shareholder) in which a dividend is paid
Does the date on a check constitute payment on that date?
Not necessarily. Many (most?) state laws declare the check "payable upon presentation."
Is it possible for someone to stop payment on an official check?
Define what you mean by "official check." If you mean a government check - no. Once it is issued it is payable on demand.
If you sign a check today that is payable to the order of a company and date it for 1 Feb 2008 is the check negotiable?
nope the check is a contract of payment for right now
How can a mother collect child support better?
If there has been any problem with non-payment the mother should file a motion for contempt and request a court order that the father's employer pay her directly from his wages by means of a garnishment. That way the employer is served with a court order and from then on cuts a check for the amount of the child support payable to the custodial parent and then pays the remaining wages to the obligor in a separate check payable to him.If there has been any problem with non-payment the mother should file a motion for contempt and request a court order that the father's employer pay her directly from his wages by means of a garnishment. That way the employer is served with a court order and from then on cuts a check for the amount of the child support payable to the custodial parent and then pays the remaining wages to the obligor in a separate check payable to him.If there has been any problem with non-payment the mother should file a motion for contempt and request a court order that the father's employer pay her directly from his wages by means of a garnishment. That way the employer is served with a court order and from then on cuts a check for the amount of the child support payable to the custodial parent and then pays the remaining wages to the obligor in a separate check payable to him.If there has been any problem with non-payment the mother should file a motion for contempt and request a court order that the father's employer pay her directly from his wages by means of a garnishment. That way the employer is served with a court order and from then on cuts a check for the amount of the child support payable to the custodial parent and then pays the remaining wages to the obligor in a separate check payable to him.
If you still owe on your vehicle does insurance repairs check go to you personally?
Generally, the claim payment check will be sent to you, however the check will be payable to both you and your bank. The bank will have to endorse the check to you.
What are the four factors of payment?
The four factors to make a payment.1. Confirm Purchase - Is what you received what you were billed for, and is it in the expected condition? Plus, is the charge the agreed upon amount? Selling price, tax, shipping, extra fees, etc.? If the answer to any of these questions is "no", STOP! call the company to resolve any problems BEFORE you make a payment. Making a payment could unknowingly confirm acceptance of the item(s) as-is.2. Payable Amount - How much should you make the check out for? Pay the full bill, a minimum amount, partial payment, or installments? This will depend on bank balance, your budget, preset agreement with seller, and preset payable policies.3. Payable To - Who do you make the check out to? The store/company you made the purchase from (this could be a third party), the product's company, or one of their parent companies?4. Mailing Address -Where do you mail the check? Where you purchased the product, its home office, the product's home office, or a processing center?
How do you get a cashiers check for making a large payment?
Go to a bank where you already have a banking relationship. Then ask the teller that you need to get a cashiers check issued. Normally a cashiers check will be preprinted with the 'Payable to' filled in, so you need to know who to make the check out to. They will deduct the amount from your bank account, so you need to have enough money in your account to cover it.
Do you sign the back of a cashier's check?
If it is made payable to you, yes. If you are the remitter (purchaser - person paying with the check), no.
Stop Payment on Check?
Get StartedIn the Stop Payment on Check letter, the "drawer" is the person who writes the check (or share draft, etc.). In nearly all states, a drawer may, by order to his or her bank, stop payment of any item payable on his or her account, but the order must be received at such time and in such manner as to "afford the bank a reasonable opportunity to act on it." This means that the stop payment order must both: (a) identify the check with reasonable accuracy, and (b) be received "in time."
A check drawn by a company for 270 in payment of a liability was recorded in the journal as 720 What entry is required in the company's accounts?
debit Bank 450credit accounts payable 450
Can you get arrested for making a stop payment on a check in the state of Florida?
no a stop payment cannot be prosecuted criminally... it would be a civil matter
