Williams moved out of Los Angeles District in June 2018. Williams' account had a zero balance in July 2018, and no activity after July 2018. A $45.18 payment was posted to Williams' account in December 2021 Please make a recommendation how the overpayment to williams' account should be handled. Please include in your recommendation: payment transfer, payment refund, transfer to escheated account Please explain the reason for your recommendation.
Williams moved out of Los Angeles District in June 2018. Williams' account had a zero balance in July 2018, and no activity after July 2018. A $45.18 payment was posted to Williams' account in December 2021 Please make a recommendation how the overpayment to williams' account should be handled. Please include in your recommendation: payment transfer, payment refund, transfer to escheated account Please explain the reason for your recommendation.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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