0
Can a wife transfer her credit card balance of a card that is only under her name to her husband's new credit card?
Wiki User
∙ 16y ago
yes she can ----------------------------------------- http://www.bestcreditrates.net
Wiki User
∙ 16y ago
Add your answer:
Earn +20 pts
Is common stock a credit 0r debit balance?
Common stock is a portion of capital of company and capital has a credit balance that's why common stock also has a credit balance and shown under owner's equity portion under liability side of balance sheet
Can you transfer your son's credit card balance to another card?
Yes however this is only limited to another card by the Same person (can't transfer Son's funds to your own) there may be a loop hole in this as you may be able to transfer to another card in which he is on another card under you.
Is liability a debit or credit balance?
All liabilities has credit balance as normal balance that’s why shown under liabilities side of balance sheet as well while all assets has debit balance.
Is a liability a credit or a debit?
All liabilities has credit balance as normal balance that’s why shown under liabilities side of balance sheet as well while all assets has debit balance.
Is allowance for bad debts a credit or debit balance?
It is a DEBIT balance. under no circumstances will this account be a credit balance because essentially you are setting aside money to cover A/R that will never be recieved.
Is note payable a credit or debit?
Notes payable is a liability for business payable in future time so like all liabilities which has credit balance, notes payable also has credit balance and shown under current liability section of balance sheet.
Are treasury stocks a debit or credit?
Treasury stock is contra account for share capital account so as share capital has credit balance treasury stock has debit balance and shown as an asset under balance sheet.
How can one make a Mastercard balance transfer?
The cardholder has to log into the card's website, and select "Complete an online balance transfer check", under Tools and Services menu, then the cardholder will chose the amount available to them.
Where does accounts payable go on trial balance?
On the balance sheet accounts payable are located under current liabilities.
How can you obtain a better credit score without much work?
BY PAYING YOUR BILLS ONTIME, KEEPING THE BALANCE UNDER 40% OF THE CREDIT LIMIT. The lower the debt to credit limit ratio, the better. I would try to stay under 25% of your credit limit.
What is the normal balance of a bonds payable account?
Normal balance of bonds payable account is credit account and it is shown under liability side of balance sheet because these are the amounts payable in future.
What is the relationship between balance sheet and trial balance?
A balance sheet or statement of financial position is a summary of the financial balances of a sole proprietorship, a business partnership or a company. Trial balance lists the debit, credit accounts for a given ledger for a month. Trial balance is created in two columns one with all the debit balances and the other with all the credit balances. If the total of the debit column does not equal the total of the credit column then there is an error in the ledger accounts. The assets, expenses will be recorded under the debit balances. Liabilities, equity and revenue will be recorded under the credit balances.
