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it is called credit(when its coming in your account ) and debit(when its going out of your account ).
What else can I help you with?
What are the amounts of money coming into your account called?
it is called credit(when its coming in your account ) and debit(when its going out of your account ).
What is the difference between account receivable and accounts payable confirmation?
account receivable- money coming in for profit account payble-money going out for a expense
How does one transfer 6.5 million from an account?
To transfer large amounts of money from your account to another account, I would consult with the bank - just to make sure that you obey all laws related to money-laundering.
What is the difference between charges and credits in accounting?
In accounting, charges represent money going out of an account, while credits represent money coming into an account. Charges decrease the account balance, while credits increase it.
Your Bank account showed you had a deposit ach PayPal how did this happen?
When you go through the verification process with PayPal, they deposit two very small amounts of money into your bank account.
When a person writes a cheque where is the money coming from?
It comes from their bank account named (usually by an account number) on the cheque. It is essentially an instruction to their bank authorising (with a signature) the movement of their money either being transferred to the recipients account or being withdrawn as cash.
What are the advantages of using a Mini Forex account for trading?
Using a Mini Forex account will get you used to trading with small amounts of money before you gamble more. It means you can get used to the way that the market works but won't lose as much money as you learn.
Exorbitant used in sentence?
She knew he was gambling because exorbitant amounts of money were missing from their bank account.
What is a current account?
A Current Account is a Bank Account opened in the name of a business establishment. Banks giving overdraft facilities, by checking the old transactions, if it is necessary for the establishment.Another meaning:A current account is a record of transactions between two parties, for example, between a bank and its customer or utility company and its customer.A current account is a type of bank account into which your wages are paid and you pay your debt/bill from. As compared to a deposit or savings account where you would put surplus money to earn interest on it. One would not normally pay money out of a deposit account on a regular basis.
What time is money available?
The time of day that money would be available will depend on where the money is going or coming from. Deposits to a bank account could take up to 5 days to be deposited and available.
What is money placed into an account?
money in a bank account, when u put money into an account it is called a deposit.
What are the advantages of putting my money into a high interest rate savings account?
Saving money is always a good idea because it gives the flexibility to deal with unexpected problems such as medical emergencies, car repair bills, getting laid off, and other unpredicable things. The advantage of putting it in a high interest savings account is that your money will earn money just from sitting there, and because this interest compounds, you can generate significant amounts of money over longer periods of time from the interest alone. Unlike money put in the stock market or other types of investments, money in savings accounts does not depend on the whims of the market, meaning it is a very low risk option, and unlike money in bonds or CDs, it is easy to withdraw or transfer when needed without penalty. Additionally, the FDIC covers account amounts up to $250,000 or more, meaning that even if the bank you have the account with fails, up to $250,000 of your money in the account will not be lost.
