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Is building a credit or debit?

Account Types Account Type Debit BUILDING Asset Increase CAPITAL STOCK Equity Decrease CASH Asset Increase CASH OVER Revenue Decrease Is land an asset? La...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

When your parents die close together?

Losing both parents close together can bring on an overwhelming amount of grief. You may still be grieving the loss of one parent when your other parent d...

Who can drive an excavator?

Course Summary There is no specific legal requirement to hold a certificate to drive an excavator / digger or dumper, on construction sites or elsewhere. ...

Is it good to have utility bills in your name?

In reality, it’s just a reflection of your credit report. Maintain your credit accounts and a solid payment history and your credit score reflects it with...

Can you write on the back of checks?

You endorse a check on the back of the check. There may be a simple line or a box that reads: “Endorse Here.” There’s usually another line that says, “Do ...

Who is the legal heir after death of father?

After the death of your father, if he died without a Will, then the property will devolve amongst all legal heir. So in case your father did not have a Wi...

Can a payslip be amended?

You can correct a mistake with an employee’s pay or deductions by updating the year-to-date figures in your next regular Full Payment Submission ( FPS ). ...

Can you hide a bank account from IVA?

Yes, an IVA is governed directly by the court and it is a fraud to hide money from them. Any such attempt will not go ignored and you will be taken to cou...

Can I sell my SGLI policy?

You may convert your SGLI coverage to VGLI upon separation from service. You have 120 days following separation to apply for VGLI. The completed applicati...

What is the role of the external auditor?

An external auditor reviews the financial information of a company and reports on findings. The external auditor is responsible for investigating financia...