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Partial advanced payment on unearned revenue
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The issue is receiving a $50 dollar advance payment on a $250 future service, and my thought is to debit: cash for the $50, debit service revenue for $200 and credit unearned service revenue for the $250. However, I can't find anything similar in my text book, so is this correct? Thanks,...
Can partial payment be refused by financial co.
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I am leasing a vehicle and I have been late on payments. I am 1 1/2 months behind. I offerd to catch up the 1/2 month with a $200 payment then in 2 weeks make a full $400 payment to catch up till payment is due this month. The creditor refused and said they needed the $600+ toaday.
Can somebody not accept partial payment.
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Hello and thank you all for answering previous questions. I am in the military about to deploy at the end of the month. I am having a problem with my apartment complex. To back track, I have lived here for approximately 5 months and two months ago, I got some family to stay here on the special...
Can a collections agency refuse payment or payment arrangement ?
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I owe a hospital bill of $1000 from back in march and it has gone to a collections agency. Now my problem is, my insurance company actually sent me the check to make the payment. They instructed me to put it into my checking account then send a personal check to the creditor. However when I put...
Creditor refuses partial payment
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If I send in a payment to a place I owe money to and they refuse to take it, what can I do if they say the want more money or they want it in full? View more questions Search
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