Archive for November, 2009

cash disbursments journal?

marianne d asked: if you received a credit memo on returned merchandise for $798.00 and then 5 days later you paid the invoice less 2% discount would you be paying $782.04 on this return? I am trying to do a cash disbursements journal and the following information is available for me. May 3 received credit [...]

November 23, 2009 • Tags: , • Posted in: United States • Comments Off

What happens to your money in a savings account if a bank goes out of business?

Emanuel C asked: If you have money in a savings account in a bank, what happens to your money when the bank goes out of business??Clay

How do I cash in a savings bond of my deceased son?

asked: My mom gave my son a savings bond when he was born in 94. He died in 96 and she just found it. How do we go about cashing this in?Sonja

November 17, 2009 • Tags: , • Posted in: Personal Finance • 1 Comment

How do I cash a savings bond with only a drivers’ license?

onejandasmay asked: I am 22 years old and am having trouble cashing a savings bond left to me by my deceased father. I was told by the bank that I had to have some sort of credit card in additiion to my drivers licence. What can I do?James