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A permanent change in the loan terms that adds the delinquency to the balance of the loan and re-amortizes the loan to bring it current is called a?
Wiki User
∙ 9y ago
A permanent change in the loan terms that adds the delinquency to the balance of the loan and re-amortizes the loan to bring it current is called a modification.
Wiki User
∙ 9y ago
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The classification and normal balance of the accounts payable account is?
The classification of Accounts Payable is liability, and a current liability, it has a normal credit balance, and is found on the Balance Statement as a permanent account.
What are permanent current assets?
Permanent current assets are current assets that are replaced with like assets within one year.
What are Dependencies between current assets and current liabilities either through balance creations or balance changes?
dependencies between current assets and current liabilities either through balance creations or balance changes.
What is the algebraic expression for 250 plus the current balance?
250 + C where C is the current balance.
Do banks balance sheets have current liabilities?
Do you mean: can a bank balance be a liability? If so, yes. If a bank balance is an overdraft then that balance should be shown in current liabilities.
How many juvenile delinquency cases are adjudicated annually?
According to Juvenile Delinquency: Theory, Practice, and Law 10th edition by Siegel and Welsh, the current statistic "a little more than 1.6 million...referred..."
What is true of permanent magnets?
Permanent magnets contain a current-carrying wire.
What is a nonclassified balance sheet?
It is a balance sheet that does not segregate, or classify, current and non-current assets and liabilities
Where does unearned fees appear on the balance sheet?
On the balance sheet as a current liability.
Can a creditor report an account current for years and then change the records to show a delinquency?
Yes, if the delinquecy did happen and they were correcting their error.
What is a basic balance?
A basic balance is the net balance of the combination of a current account and a capital account in a balance of payments.
How can your checking account have a current balance that is lower than the available balance?
Current balance may be reflecting beginning of day balance while other credits posted during the day giving you a higher immediate available balance
