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Collection Account - Law Dictionary Search Results

collection account

collection account an unpaid debt referred to a collection agency to collect

bad debt expense

reflects the amount of your company's accounts that are not collectable, that is the amount of your company's accounts that are … bad debt expense An expense account that reflects the amount of your company's accounts that are

bad debt recovery

bad debt recovery An account that you "wrote-off" as not collectable, but that was later paid by the customer. When this

Authentics

Authentics, a collection of the Novels of Justinian, made by an anonymous author. … of Justinian, made by an anonymous author. So called on account of its authority, Civil Law. There is another collection so

allowance for bad debts

at how much of your accounts receivable will not be collectable. In other words, your best guess at how much of … bad debts Your best guess at how much of your accounts receivable will not be collectable. In other words, your best

Executor

received. (5) It is the duty of the executor to collect and speedily reduce into money the personal assets, when not … time, unless it be expressed in the will: on which account the law formerly gave to the executor the whole residue

Churchwardens

of all their receipts and disbursements. Churchwardens officiate in the collection and application of offerings at the Communion Service'Book of Common … end of the year they are bound to render an account of all their receipts and disbursements. Churchwardens officiate in the

Entitled

to the forest produce and not merely a right to collect and deal with the same subject to an obligation to … and deal with the same subject to an obligation to account for the same to the owner. The word 'entitled' is

Restrictive indorsement

account of X.,' or ' pay D. or order for collection.' [Bills of Exchange Act, 1882, s. 35]

Parol evidence

Court of justice cannot, even by reference to the context, collect the meaning of the parties, it would be void on … the meaning of the parties, it would be void on account of uncertainty. Consult Chitty or Addison or Leake on Contracts;

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