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What credit card would be the best for customers who think they might not be able to pay their balance?
A prepaid credit card is best for those who believe they might not be able to pay the balance.
Where can one find a credit card with no balance transfer fee?
One would start by asking his local banking operation for such a credit card. Failing that, one could look into acquiring prepaid credit cards that have no balance transfer fees.
What is a secured credit card?
a credit card that is secured by a deposit of your own money
How can a teen get a credit card with no credit?
a prepaid credit card
How do prepaid credit cards work?
it helps people by making sure that their numbers are correct and so that you can get free shiping
A balance of a prepaid expence account is normally DEBIT OR CREdit?
Prepaid Expenses would normally have a debit balance.
Is prepaid insurance a debit or credit balance?
Prepaid insurance is that amount which is paid in advance and no benefit has taken yet that's why it is current asset for business.
Does prepaid insurance carry a credit or debit balance?
Prepaid insurance is amount paid in advance that's why it is an asset of business and like all other assets accounts it also has debit balance as normal balance.
What accounts will normally maintain a credit balance prepaid taxes interest income rent expense equipment?
Prepaid taxes and equipment are asset accounts, so would normally have a debit balance. Rent expense is an expense account, so would normally have a debit balance. Liability, equity, and income accounts normally have credit balances.
What is debited and credited in adjusting entry for prepaid insurance?
[Debit] Prepaid Insurance [Credit] Cash / bank
Is prepaid insurance a debit or credit?
Debit
What is the proper adjusting entry at April 30 the end of the fiscal year based on a prepaid insurance account balance before adjustment 16000 and unexpired amounts per analysis of policies 6000?
debit insurance expense 10000 credit prepaid insurance 10000
Is a decrease in prepaid rent a debit or a credit?
Prepaid Rent is an asset, therefore to decrease the asset (or use up the rent) a decrease would be a credit. Assets generally maintain a debit balance, which means to increase the balance we debit and to decrease the balance we credit.
What are the benefits of using a prepaid credit card?
No identification is required to use a prepaid credit card. Only the prepaid limit may be spent when using a prepaid credit card for a purchase, so there is no reisdual balance or finance charges after the purchase.
Is contributed capital normally a credit or debit balance?
it is a credit balance
Do Common stock has a normal credit balance?
Common Stock normally has a Credit Balance.
Is prepaid insutance debit or credit?
Prepaid insurance is that amount the payment of which is done in advance but benefit has not yet taken by company so it is same like current asset of business and like all other current assets of business it’s balance is also debit balance.
