Payment example sentences

Similarly compare, items on the payments side of the Receipt and Payment Account with expenditure side of the Income and Expenditure Account.Preference shareholders have a preferential right of repayment over equity shareholders in the event of liquidation of a company; Preference capital does not create any sort of charge against the assets of a company.You would have heard of payments being made by cheques instead of cash.In other words redemption of debentures means repayment of the amount of debentures by the company.The exporter, however, need not wait for the payment till the release of money by the importer.The arrow above this, going from the firms to the households, represents the payments made by the firms to the households for the services provided by the latter.The Income and Expenditure Account is prepared on accrual basis with the help of Receipts and Payments Account and additional information relating to outstanding and prepaid outstanding, depreciation, etc.The single column cash book records all cash transactions of the business in a chronological order, i.e., it is a complete record of cash receipts and cash payments.The households receive transfer payments from government and firms (pensions, scholarship, prizes, for example) which have to be added to calculate the Personal Income of the households.Letter of credit is the most appropriate and secure method of payment adopted to settle international transactions.Any case of nonrepayment of loan by any one member is followed up seriously by other members in the group.These shares provide a preferential right to the shareholders with respect to payment of earnings and the repayment of capital.Secured debentures refer to those debentures where a charge is created on the assets of the company for the purpose of payment in case of default.In other words redemption of debentures means repayment of the amount of debentures by the company.Secured debentures refer to those debentures where a charge is created on the assets of the company for the purpose of payment in case of default.