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Prepayments are amounts paid for by a business in advance of the goods or services being received later on. Any payment made in advance can be considered a prepayment. A prepayment is not dissimilar to a deposit, but generally falls under a more set time period for fulfillment of the goods or service purchased.
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What does prepaid Terms mean on a bill of lading?
Prepaid terms on a bill of lading indicate that the shipping costs have been paid in advance by the shipper before the goods are transported. This means that the recipient is not responsible for any freight charges upon delivery, as they have already been settled. Prepaid terms are often used to simplify transactions and ensure that the receiver can receive their goods without additional payment obligations.
In terms of liquidity merchandise inventory is more liquid than prepaid expenses?
More liquid than prepaid expenses
Is prepaid rent is what type of asset?
Prepaid Rent is a Current-Asset account. Since it deals with "prepaid" it will expire on a regular basis and is not a "fixed" asset. Each month (or whatever terms the rent may be paid) the amount is removed from Prepaid-Rent and placed in Rent Expense.
How much does a prepaid sidekick lx cost?
how much does sidekick pripaid.<< you mean prepaid anyway you can search on bing.com :)
What would be recommended as the best Cricket prepaid cell phone in terms of robust strength for an everyday laborer?
The recommended Cricket prepaid cell phones in terms of robust strength for an everyday laborer will vary according to the tastes and preferences of the purchaser. It will also vary as to the type of phone plan required in terms of text message use, long distance and so on. If you go to a physical store which sells prepaid phones, you can get an idea of what would be best suited for your needs and wants.
What are the fees associated with giving a prepaid visa credit card as a gift?
There are no fees for giving prepaid visa credit card as gift. You must take care to instruct the recipient about all terms and conditions for best use of the card.
Can prepaid and add freight be EXW terms?
Yes, prepaid and add freight can be used under EXW (Ex Works) terms, but it is not typical. In EXW, the seller's responsibility ends when the goods are made available for pickup at their premises, and the buyer assumes all costs and risks from that point onward. If the buyer chooses to have freight prepaid and added, they would need to arrange and pay for transportation while still taking responsibility for the goods once they leave the seller's location.
What is pps6180 on go phone mean?
it means the person you are calling has run out of prepaid mins
List Prepaid expenses on balance sheet?
Prepaid Rent, Prepaid Insurance, and Prepaid Interest... maybe? Check it out on Investopedia.com
What is the difference between freight prepaid abroad and freight prepaid?
what is the difference between freight prepaid and freight prepaid abroad
What is difference between prepaid expenses and deposits?
There isn't much of a difference between a prepaid expense and a deposit. Both terms are monies that are paid in advance to pay for something. With a prepaid expense, the money pays usually for a bill or utility. A deposit on the other hand, is sometimes given back after the obligation is paid. If it is not paid, the deposit is kept as payment.
Can you use a prepaid MasterCard at an ATM?
Yes, you can use a prepaid MasterCard at an ATM to withdraw cash, provided the card has a balance and is enabled for ATM withdrawals. You may need to enter a PIN associated with the card to complete the transaction. However, be aware that some ATMs may charge fees for using a prepaid card, and not all prepaid MasterCards are compatible with every ATM. Always check the card's terms and conditions for specific usage details.
