Sentence examples for allowance accounts from inspiring English sources

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Very creative) With another click or two,  you can set up an automatic savings plan, which will transfer whatever amount you want from your main savings account — it can be an ING account, or an external account that you're already using to cover your ING account — into the allowance account.

Adjust the balance of the allowance account as necessary.

The allowance account's balance is now $240.

In this way, the allowance account balance is used to essentially cover the drop in receivables.

To record the journal entry and establish the allowance account, the company debits Bad Debts Expense for $40 and credits Allowance for Doubtful Accounts for $40.

To account for this, an allowance account needs to be set up to deal with the noncollectable amounts.

If the company above records another $10,000 in service revenue, another journal entry is needed to increase the allowance account.

Allowances accounting for 5-15% of annual emissions from the industrial sectors involved in the ETS could be withheld.

Drugs and committee allowances accounted for 4.5%and3.0%0% of expenditure, respectively.

The figure has not been finalised yet, but Farmelo says they are looking at around £40 a week, which includes management fees, a maintenence allowance and accounts for a full refurbishment every 15 years.