A savings account is a type of deposit account - an account at a financial institution such as a bank or credit union, where the account holder may make deposits and/or withdrawals.
Yes, if the account type is considered a line of credit it will be calculated into your revolving account balance on your credit report.
Sales is a revenue account and has a credit balance as a normal balance.
contra asset account, credit balance
A money market account is a type of savings account you can get at your local credit union or bank. They traditionally only allow 3-6 withdrawals a month, require a higher minimum balance, and provide a higher interest rate.
Depending on what type of account it is, there are a few reasons for account cancellation. Perhaps the credit card on file has expired or you were banned from the website.
Yes, anytime you open a new credit account, even if it is a joint account, it is reported on your credit report either when it is opened or when it is unpaid.
An Internet Merchant Account is a type of credit card processing account specifically geared to accept web based transactions in real timeAn Internet Merchant Account is a type of credit card processing account specifically geared to accept web based transactions in real time