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It means a minus, in other words its a loss. It means a minus, in other words its a loss.

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16y ago

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Continue Learning about Accounting

What is shown on a customer statement?

Typical components on a Customer Statement: Date of Statement Customer Name & Address Customer Number/Account Number Detail of charges for the month (or other period) such as: date of invoice, invoice number, invoice amount. Beginning Balance Current Charges Payments Received Balance Due (Current and Past Due)


ACY means in bank statement?

In a bank statement, "ACY" typically refers to an "Account" designation, indicating the type of account or the specific account number associated with transactions. It may also relate to an acronym for a financial institution or a specific service provided by the bank. If you see "ACY," it's best to check your bank's glossary or contact customer service for precise clarification, as abbreviations can vary between banks.


How can you tell the bank account number from card?

You cannot. An ATM card number and the corresponding bank account number are seldom the same. The only way to find it is to use the correct PIN number for that ATM card and then try to get a mini statement advice from the ATM machine. The bank statement will contain the account number linked to this ATM card.


What is a letter to send a bank manager for a bank statement?

To, The Manager __________ (Fill in the name of the bank and branch in the blanks) From, _____ (Fill in your Name) ______(Fill in your Address & Phone number) Sir, Sub: Reg. Request for a Statement on the Account ______ (Fill in the Account number) As I need a statement of transactions on my bank account _____ (fill in your bank account number) could you kindly arrange to provide me the same. The Statement is required for the following dates. Date From & Date To (Fill in the dates) Thank you ________ (Fill your name and sign)


Where can you find your Employers Identification number?

On your W2 - Wage earnings statement. Also called an EIN.

Related Questions

What does it mean in maths when there is only one number in the brackets instead of a sum?

It means that the term inside the brackets needs to be multiplied by the previous term outside the bracket..


How do you get the absolute value of a positive number?

The absolute value of a positive number IS the positive number. If you have a question that says: "[7]", the answer would be "7". If you still don't understand, think of it like this. If the number inside the brackets is positive, simply remove the brackets and you have your answer.


What do brackets outside of a number mean?

Brackets outside of a number typically indicate that the number is negative or refers to a loss. For example, in financial statements, a figure presented as (500) would signify a loss of 500 units of currency. In mathematical contexts, brackets can also denote a specific grouping but are most commonly used in accounting or data presentation to highlight negative values.


What is the difference if the negative sign is inside or outside of the brackets in algebra?

If the negative sign is inside the brackets, for example: [-2(9)] it is a negative two and you times that by positive nine. But if it were -[2(9)] than you times two by nine and get eighteen, THEN the eighteen takes on the negative. So basically, if the negative sign is inside the bracket, then it will only affect the number it is closest to, but if it is outside the brackets, it affects all over the numbers inside of it.


When you divide does the bigger number always go on the inside of the bracket?

No. If you are dividing the number that is getting divided in in the brackets. ex. 3 divided by four is (3)4


What is the number in brackets beside the username on WikiAnswers?

The number in square brackets is the number of Trust Points the contributor has attained.


Where can you find your account number?

You can find your account number on your bank statement, online banking account, or by contacting your financial institution directly.


What does brackets around a number mean in accounting?

Brackets around a number mean that the number is of a negative value. Instead of saying -$40 you would express it as ($40).


How do you distribute the number on the outside of the brackets?

a(b + c) = ab + ac =========just distribute the number to all additive terms in the brackets/parentheses


What is a select case statement used for in programming?

In programming, select case statement is a way to test the inside of a variable. It is used when one knows there is a limited number of things that can be in the variable.


What absolute value of a number?

The absolute value of any number depends upon the negative, positive, and the position of said negatives or positives. For example: |-90| would be 90 due to the fact the negative sign is inside the absolute value brackets. Now -|90| would be -90 as the negative sign is outside the absolute value brackets.


Why is there a number in square brackets next to your name in WikiAnswers?

The number in square Brackets (e.g [1000]) signifies the number of trust points you have. For example, User [1000] has 1000 trust points