0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What is meant by favourable balance of payment?
The function and object of business is to make balance of payment favourable by increasing exports and decreasing imports, because this position makes the country prominent in the world
What is a bank balance?
A bank balance is the amount by which a current account is in credit or deficit.
What is bank balance sheet?
A bank balance sheet is a financial statement that says what the balances of your accounts are and the activity.
What is a balance transfer?
A balance transfer is when you have money in one bank and transfer that money to another bank. It is also when you have a balance on one credit card and transfer the balance to another credit card.
What is mod balance in a bank account?
what is the mod balance in account what is the definition of mod balance
What does Debit Balance in passbook means?
Debit balance in pass book means, favourable balance in bank Account.
What is the difference between favourable and unfavourable balance of payment?
when import of a country decrease and export increase it is known as favourable balance of of payment and vice versa
What is meant by favourable balance of payment?
The function and object of business is to make balance of payment favourable by increasing exports and decreasing imports, because this position makes the country prominent in the world
What is bank balance versus cash balance?
bank balance:- A bank balance is that amount which is actually deposited in any of the bank. or the amount which has been credited in your bank account. cash balance: - It is an amount which is there in your hand. i.e., it is otherwise called as cash in hand. or else we can say that the hot cash which is there with you right now is called as a cash balance. conclusion:- bank balance is the amount deposited in bank. and cash balance is the cash in hand.
What would you use to check your bank balance at the bank?
Check my balance
Can you check your bank account balance?
I want to check my A/c
If a balance in the bank account is overdrawn on what side is the balance brought down?
bank
What is a bank balance?
A bank balance is the amount by which a current account is in credit or deficit.
How can a country have a favourable balance of trade?
The country Favors one type of trade. If the country favors Food for example, their balance would be more focused on Food
Which balance goes to the balance sheet cash book balance or bank balance?
You use the cash book balance. The bank balance on the bank statement is just used to reconcile to the cash book balance to see what is due to clear after the reporting period and verify that the cash book balance is correct.
Who is responsible for confirmping your bank account balance?
who is responsible for confirming your bank account balance
What does it means if sundry creditor hava a debit balance and credit balance?
If someone has a creditor and has a debit balance and a credit balance this means they have a bank account. The bank account provides the debit card and the bank provides the credit balance.
