An Interest bearing account is a bank account in which, the banks pays you an interest for keeping your money deposited in that account.
Ex: Savings Bank Account - You usually get around 3.5% rate of interest on the money you hold in your savings account in India.
examples of account title
Account is both a noun and verb. Example of the verb form: "I was asked to account for my time."
example of real account
unearned rent
materials
examples of account title
Diana has her paycheck deposited directly from her employers account into her checking account. This is an example of what?
Account is both a noun and verb. Example of the verb form: "I was asked to account for my time."
unearned rent
materials
no
example of real account
A merchant account is an bank account used for transferring money, involving business transactions. For example, a merchant account can be linked with Paypal, which can be used on eBay for business.
Accumulated Depreciation
Accumulated Depreciation
Account is both a noun and verb. Example of the verb form: "I was asked to account for my time."
It refers to the "date of last activity" on an account; for example, when the account was charged off.