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At a credit union, you can have checking, savings, money market, etc. just like you would have at a bank. One difference is that credit unions are owned by its members (account holders), rather than stockholders.
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Sales is what type of account?
Sales is a revenue account and has a credit balance as a normal balance.
The type of account and normal balance of accumulated depreciation is?
contra asset account, credit balance
What type of account is purchase returns?
credit card
What type of balance is the finished goods account have a debit or credit?
credit bal
What is the type of account and normal balance of unearned rent?
liability, credit
A share draft account is another name for a checking account in what type of financial institution?
credit union
Is a line of credit considered a revolving account?
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 what type of account?
Sales is a revenue account and has a credit balance as a normal balance.
Which type of account allows you to deposit money and write checks?
The type of account that allows you to deposit money and write checks is a checking account.
The type of account and normal balance of accumulated depreciation is?
contra asset account, credit balance
What can you do at an account money market?
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.
What type of account is purchase returns?
credit card
What type of balance is the finished goods account have a debit or credit?
credit bal
Reason for account cancellation?
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.
Is a financial association created on your credit report when two people apply for any type of joint financial account?
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.
What are internet merchant accounts?
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
What is the type of account and normal balance of unearned rent?
liability, credit
