Which sentence is grammatically correct, the customer has not paid, or the customer did not pay?
Let me tell you a standard secretarial practice taught to us in the 1970s (per Pitman’s Institute) regarding non-payment.It isn’t a matter of grammatical correctness — both your versions (has not vs. did not) are equally correct. But the two will lead to different interpretations with some significant consequences.“The customer has not paid.”This conveys the tone and perception that the bill merely remains unpaid by the customer. It usually doesn’t carry any connotation of the below.“The customer did not pay.”The ‘did not’ in this context to most native English-speaking ears carry the implication that the customer had refused to pay in some way. The word ‘did’ here makes the customer the direct action-maker of not paying up.By contrast, using ‘has’ carries the implication that the payment itself simply has not been done yet. So the focus then is centred on the payment (‘paid’) rather than the customer.And that is why trained secretaries will use constructions such as “the invoice has not been paid [yet]” or “the invoice is awaiting payment by the customer” rather than “the customer did not pay his invoice” or “we are waiting for the customer’s payment.”So the recommendation is “the customer has not paid [yet].”
Accounting problem need help?
1) prepare journal entries to record each of these transactions for 2009 Jan 1 Purchased 4,000 shares of its own stock at $20 cash per share. Dr Common Treasury Stock 80,000 Cr Cash 80,000 Jan 5 Directors declared a $2 per share cash dividend payable on Feb. 28 to the Feb. 5 stockholders of record. Dr Cash Dividends 72,000 Cr Dividends Payable 72,000 Feb 28 Paid the dividend declared on Jan 5. Dr Dividends Payable 72,000 Cr Cash 72,000 July 6 Sold 1,500 of its treasury shares at $17 cash per share. Dr Cash 25,500 Dr Additional Paid-In Capital 4,500 Cr Common Treasury Stock 30,000 Aug 22 Sold 2,500 of its treasury shares at $17 cash per share Dr Cash 42,500 Dr Additional Paid-In Capital 7,500 Cr Common Treasury Stock 50,000 Sept. 5 Directors declared a $2 per share cash dividend payable on Oct 28 to the Sept. 25 stockholders of record. Dr Cash Dividends 80,000 Cr Dividends Payable 80,000 Oct 28 Paid the dividend declared on Sept 5 Dr Dividends Payable 80,000 Cr Cash 80,000 Dec 31 Closed the $388,000 credit balance (from net income) in the Income Summary account to Retained Earnings. Dr Income Summary 388,000 Cr Retained Earnings 388,000 2) prepare a statement of retained earnings for the year ended Dec 31, 2009 Balance Jan. 1, 2009. . . . . . . . . . . . . . . . . . . . . .xxxxxxx Net Income . . . . . . . . . . . . . . . . . . . . . . . . . . . . .388,000 ..Less: Dividends. . . . . . . . . . . . . . . . . . . . . . . . . 152,000 Balance Dec. 31, 2009. . . . . . . . . . . . . . . . . . . . .xxxxxxx 3) prepare the stockholders' equity section of the company's balance sheet as of Dec. 31, 2009 Common Stock. . . . . . . . . . . . . . . . . . . . . . . . . . 400,000 Additional Paid-In Capital. . . . . . . . . . . . . . . . . . . . 48,000 Retained Earnings. . . . . . . . . . . . . . . . . . . . . . . . xxxxxxx Total Stockholders' Equity. . . . . . . . . . . . . . . . . . .xxxxxxx *Note: You left out the beginning balance of Retained Earnings, so some of the amounts for (2) and (3) were left blank. . . . . . . . . . .
What are some of the best resignation letters?
Short and Simple as below:-Hello Sir, This email is to notify you that I am resigning from 'XXXX' as a 'XXXX' dated on 6th Nov 2014. This wasn’t an easy decision for me, because I am grateful for the rewarding employment I’ve had with 'XXXX'. But after long hours of consideration, I came with this decision. Please contact me if I can make the transition process proceed more smoothly.Warm Regards,ABC.