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A dormant account is some sort of account or credit line that is open, but inactive. For instance, I have an equity line of credit with a zero balance. It is dormant.
Rosina Macejkovic
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What are Bible accounts?
'Bible accounts' means stories or teachings from the Bible
Does debit always mean an increase?
Incase of expenses and assets accounts debit means increase while for income and liabilities accounts debit means decrease.
What is an increase in Accounts Payable?
An increase in Accounts Payable means that the company has received more invoices that are due for payment.
Will business accounts help you require your needs in life?
"Business accounts will definitely help you acquire your needs in life. If you have business accounts open, that usually means you are generating an income in one or more accounts."
What is LC in accounts?
rdLC in accountancy means ledger card.
What are trading accounts used for?
Trading accounts are used by businesses to manage their financial affairs and to keep the money all accountable and traceable. The use of them means that auditing accounts is easy.
If you have a sale what does it do to the accounts receivable?
If sales is credit sales then it will create accounts receivable which means money is receivable from customers at future time.
What does it means it the accounts payable balance has increased on the Trial Balance?
Accounts Payable are the amounts owing by the business to its creditors.in a situation where the Accounts Payable balance has increased in the trial balance means that the amount owing by the business has increased probably due to more credit purchases.
What is meant by chatted accounts?
it means no one can challange a deal..done by you.
Is Maddie Ziegler on Pinterest?
There are several accounts named "Maddie Ziegler" on Pinterest, but none of them verified accounts, which means it's not officially her account.
What is a good MMORPG game with no download and no accounts that is just you walking around talking to people?
There are no MMORPG games with no accounts, MMORPG means Massive MULTIPLAYER Online Role-Playing Game. It means you can't be solo!
What does the term DEBITOR means in accounts?
debitor is a person to whom by money is owed
