price actually paid or payable
908654727e3e0fbbbb1ff85d83d4317e
Trade Definitions The term “price actually paid or payable” means the total payment made, or to be made, for imported merchandise by the buyer to, or for the benefit of, the seller (exclusive of costs, charges, or expenses incurred for transportation, insurance, and related services incident to the international shipment of the merchandise from the country of exportation to the place of importation in the U.S.).
64572a8d390a762c22a5e35a2f3116a3
Salaries Payable Journal Entries A salaries payable entry will tell you exactly how much money you owe to your employees for services performed. Keeping accurate payroll records is important because through your payroll, you are paying bills that, if not paid properly, can cause major problems for your company.
697160b6b2f6c77c568997163000bb24
Accounts payable Accounts payable. Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.
0e93ef566ba1b450ea0ccefae0d9c88c
What is a 'Payee' What is a 'Payee'. A payee is the party in an exchange who receives payment. A payee is paid in cash, check or other transfer medium by a payer, with the payer receiving goods or services in return. The name of the payee is included in the bill of exchange, and it usually refers to a natural person or an entity such as a business, trust or custodian. Next Up.
da2e6394ed95bfed9688842e27b93581
Difference Between Incurred Expenses & Paid Expenses Paid expenses are incurred expenses that an individual or business has paid for. For example, when a business owner actually pays off the credit card he uses to buy supplies, the incurred expense becomes a paid expense.Oftentimes, expenses are paid almost immediately after incurring them.ifference Between Incurred Expenses & Paid Expenses. Entrepreneurs often focus on creating products and services with high sales potential, but if products and services are too expensive to deliver, a company cannot be profitable. Controlling business expenses is an essential part of running a successful company.
bb9dce382472bbf733d24af8ea8e5a7a
Free Purchase Agreement The Buyer will make payment for the Goods at the time when, and at the place where, the Goods are received by the Buyer or, in the alternative, when any document of title or registrable bill of sale, bearing any necessary endorsement, is tendered to the Buyer. Delivery of Goods.
5edec8ee9ca4e813e48b8a089cd63a50
payable 1. Requiring payment on a certain date; due. 2. Requiring payment to a particular person or entity. 3. Capable of producing profit: a payable business venture. n. A debt that is owed to a creditor: tried to balance inventory, payables, and receivables.
015218761eea188e6fcbf33b8a612826
payable to be paid; due: a loan payable in 30 days. 2. capable of being or liable to be paid. 3. profitable. 4. Law. imposing an immediate obligation on the debtor.
a408fd2f6d10df4fa5c10ccb7b9997e5
payment payment. 1.Compensation, discharge or performance of an obligation, or reimbursement, by giving over something that is of satisfactory value to its recipient, such as money.efinitions (2). 1.Compensation, discharge or performance of an obligation, or reimbursement, by giving over something that is of satisfactory value to its recipient, such as money. 2.An amount that is paid or payable.
994052211a5163c6d7b31ea812e70e27
Wage A wage is monetary compensation (or remuneration, personnel expenses, labor) paid by an employer to an employee in exchange for work done.Payment may be calculated as a fixed amount for each task completed (a task wage or piece rate), or at an hourly or daily rate, or based on an easily measured quantity of work done. wage is monetary compensation (or remuneration, personnel expenses, labor) paid by an employer to an employee in exchange for work done.
5d5d8e4917505c4919d63929222bf77d
- ACCOUNTS PAYABLE: Liabilities that result from a purchase of goods or services on an. open account. Amounts owed to suppliers of goods or services. ACCOUNTS RECEIVABLE: Amounts owed to a company by customers as a result of. delivering goods or services and extending credit in the ordinary course of business.
fab7a0bfaf1a808fec1ec8ad8ea3e032
- THEN go to Ebay and mark them as paid. Hard to imagine for most parties to such transactions, but some people will pick up an item having paid on paypal or having the seller mark it as paid and then file a claim it was never received.n the far right column for the item in question, the Action column youcan check Mark as Paid.... However, BEFORE you do that, make sure you get some kind of acknowledgement from the buyer that they have received the item in good condition.
d870b675ad330441d4ec474429b2d0c9
Receipt Payment in cash or by payment is regarded as payment of the amount tendered, but payment by store account is not. After processing the payment, the salesperson would then generate in the one document an invoice and receipt. If payment was made by a payment card, a payment record would normally also be generated. The invoice and receipt are the printed record of the transaction, and are legal documents.
bf21bcf5f0504ab1c61b68b8c5afc14a
What is a 'Payment' DEFINITION of 'Payment'. The transfer of one form of good, service or financial asset in exchange for another form of good, service or financial asset in proportions that have been previously agreed upon by all parties involved.Payment can be made in the form of funds, assets or services. Next Up.he transfer of one form of good, service or financial asset in exchange for another form of good, service or financial asset in proportions that have been previously agreed upon by all parties involved. Payment can be made in the form of funds, assets or services. Next Up.
a7d005dec847c16d24e845f7cc487ad0
- (April 2015) A payment is the transfer of an item of value from one party (such as a person or company) to another in exchange for the provision of goods, services or both, or to fulfill a legal obligation. In law, the payer is the party making a payment while the payee is the party receiving the payment.
a8419025a80bc211019863a56133da81
Cost Chapter 9 Terms the difference between the actual hourly rate paid and the standard hourly rate multiplied by the actual hours worked. direct materials price variance. the difference between the actual price paid per unit of materials and the standard price allowed per unit multiplied by the actual quantity of materials purchased. the difference between the direct materials actually used and the direct materials allowed for actual output multiplied by the standard price.
5fdfe101c83fee601ae34cdd7b122958
What is Wages Payable? Wages Payable. Wages payable is a current liability account that records the amount of wages that are owed to employees for work that was performed by the employees in prior periods. In other words, wages payable is the amount of wages that employee hasn't paid the employees for their work.
3ccfa3fb1e6032933eac284d683d8b97
- Providers charge more for services than what the insurance company agrees to pay and the amount that is paid by the insurance is known as an allowable amount. The amount above what the insurance company agrees to pay is a reduction known as a contractual adjustment.
39951af4d30be5d846ec86e4791ee51a
pay 1 to pay (part of the total price) at the time of purchase, with the promise to pay the balance in installments: On this plan you pay only ten percent down. to pay off or back; amortize: The company's debt is being paid down rapidly.
debe8c414c63173a3649d9dfff55752a
- DEFINITION of 'Days Payable Outstanding-DPO'. A company's average payable period. Days payable outstanding tells how long it takes a company to pay its invoices from trade creditors, such as suppliers. DPO is typically looked at either quarterly or yearly.The formula to calculate DPO is written as: ending accounts payable / (cost of sales/number of days).EFINITION of 'Days Payable Outstanding-DPO'. A company's average payable period. Days payable outstanding tells how long it takes a company to pay its invoices from trade creditors, such as suppliers. DPO is typically looked at either quarterly or yearly.
ed9f81690931b678f9b206ccd2379e91
- Where a payment to a worker is made in lieu of wages (regardless of the terminology used to describe that payment)then the payment is counted as remuneration for the purposes of calculating workers compensation premiums. Distributions to beneficiaries who are not workers of the trust are not counted as wages.orkers compensationpremiums would be calculated on the basis of assessable wages of $30,000. The difference between the assessablewages ($30,000) and the market rate ($40,000) would not be subject to workers compensation premiums.
66be44d4df23797307ca18ea523dcaf3
Introduction to Capital Budgeting A promissory note, sometimes referred to as a note payable, is a legal instrument, in which one party promises in writing to pay a determinate sum of money to the other, either at a fixed or determinable future time or on demand of the payee, under specific terms. If the promissory note is unconditional and readily saleable, it is called a negotiable instrument. The term note payable is commonly used in accounting or commonly as just a note, it is internationally defined by the Convention prov
7fab5f178649958ca7a3620cecbddd54
pay 1 to pay for (goods, services, etc.) at the time of purchase, as opposed to buying on credit. 1  to spend no more than income permits; keep out of debt. 2  to pay income tax by regular deductions from one's salary or wages.
635e8083908290f5b263dc17e4484ee1
Difference Between Incurred Expenses & Paid Expenses Paid expenses are incurred expenses that an individual or business has paid for. For example, when a business owner actually pays off the credit card he uses to buy supplies, the incurred expense becomes a paid expense. Oftentimes, expenses are paid almost immediately after incurring them.
ee1422b1f3b80afffe2a03cd105db3cd
Capital of a Company Pay off part of the paid up share capital on the footing that it may be called up again. If shares are of Rs100 each the company may pay off Rs25 per share on condition that when desired the company may call it again without extinguishing the liability of shareholders to pay the uncalled share capital./- is the called up share capital and Rs. 8/- is the uncalled share capital. 5.Paid-up capital means the total amount of called up share capital which is actually paid to the company by the members. In India, there is the concept of par value of shares. Par value of shares means the face value of the shares.
79fcf50cc6e049d2fca82071abb06d20
"""is paid"" vs ""has been paid""" You can never say the goods have been paid. OR the goods are paid. Both are wrong, because no one is giving money to the goods. We give money to someone else FOR the goods. You pay someone for something you are buying. You don't pay the thing you are buying. So, the correct way to say these is: