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13y ago

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Is it possible for the cash account to have credit balance?

It could be possible for the cash account to have a negative balance. This could occur if they wrote a check out for more money than they have. This would not be a good situation for a company!


How do you write application for cash not recevied but balance dedduct?

It could be possible that the deduction has not shown up in your account yet. If you wrote a check for cash, it could take several days to process and show up in your account.


What is an account balance?

Account balance refers to the amount of money present/used in your account at the end of the day. for a bank account it could be the amount of money present in your account. In case of a credit card, it could be the amount of money used in that billing cycle till that date.


What is balance account?

Account balance refers to the amount of money present/used in your account at the end of the day. for a bank account it could be the amount of money present in your account. In case of a credit card, it could be the amount of money used in that billing cycle till that date.


Does an invesment services center offer a money market savings account?

Depending on the type of investment services center they could offer a market saving account. If you are already a customer, they can also help you with the fees of the market saving account.


What happens if HDFC Bank Balance of Customer is 0 for two months?

If a customer's HDFC Bank account balance remains at zero for two consecutive months, the account may be classified as inactive. The bank could charge a nominal fee for maintaining the account, depending on its policies. Additionally, if the inactivity continues, the account might be closed, and the customer would be notified. It's advisable for customers to regularly check their account status and maintain a minimum balance to avoid such issues.


What is the procedure of detecting errors in a trial balance that is not balancing?

Double-check your addition. Compute the difference between the debits and credits. Is there an account with that balance which was omitted from the balance sheet? Divide the difference in half. If there is an account with that balance, it may be shown on the wrong side of the trial balance (a debit balance shown as a credit or vice-versa). If the difference is evenly divisible by 9, there may be a transposition (ie, writing down 81 instead of 18 or 572 instead of 527). That transposition could occur in your addition, in an account balance or in one of the transactions posted to an account. If none of the above works, go back and check that each journal (ie cash receipts jounal, etc) balances and was posted correctly. Then check every other entry to make sure it balances and was posted correctly. Keep the difference in mind (and half the difference), that is the amount you are looking for.


What amount you deposit into a saving account could be insured by the federal deposit insurance corporation up to what amount?

$250.00


What is sbi response code 065?

SBI response code 065 typically indicates a transaction failure due to insufficient funds in the account. This means that the requested transaction could not be processed because the account balance is lower than the amount needed for the transaction. It's advisable to check your account balance and ensure that sufficient funds are available before attempting the transaction again.


How do you tell the balance on a debit card?

Debits cards don't have a balance as such - they are usually 'tied' to a bank account. You can buy goods up to the value of the balance on the linked account. This could be something as cheap as a disposable pen or as expensive as a new car !


How Can I Check My Account Balance on the Go?

By now, most consumers handle the majority of their finances online. Many consumers pay their bills, manage their bank accounts, and track their investments right from their computer. Unfortunately, you cant be by a computer all the time. What if you need to check your account balance while youre out shopping, traveling, or at work? Many wonder if there is an easy way to check their balance on the go.Is It Possible to Check My Account Balance When Im Away from a Computer?Banks have made it extremely easy for customers to check their account balances. If you are away from your computer, there are three easy ways to check your balance.The first way is just to call your bank. Many banks allow customers to check their balance without even speaking with a representative. As long as you have your account number, this should only take a minute or two. However, you could run into problems if you want to know more than just your account balance. Most phone systems will simply tell you your balance; they will not let you view recent transactions, fees, or account activity.To view recent activity, you can either log into your account on your smartphone or download your banks app. Many large financial institutions offer applications that allow customers to view their balance and manage their accounts on the go. When downloading a banking app, consumers need to be certain that the application was created by their bank. For privacy reasons, apps offered by third parties should be avoided.If youd rather not install an app, you can check your account by logging onto your banks website. Many banks have mobile websites that offer the same services as their regular website. Again, for privacy reasons, its important to make sure that you are on a secure network before checking your balance. Its too easy to steal information on a public network. Luckily, as long as you make the effort to stay safe, its easy to check your account balance and manage your money on the go.


If you send a check to someone and there are no funds do the bank still pay it?

That depends on the bank. Some banks offer overdraft protection, meaning they cover the check and deduct the amount for the check plus a fee for the service from your account which could result in a negative balance. You should check with your bank to see if they provide this service to you.